| Product Code: ETC9192592 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Senegal neodymium magnet import market saw significant growth in 2024, with top exporters including France, South Africa, China, UK, and Spain. The market continued to exhibit high concentration levels, reflected in a very high Herfindahl-Hirschman Index (HHI). With a compound annual growth rate (CAGR) of 20.55% and a growth rate of 21.33%, the future outlook for neodymium magnet imports in Senegal appears promising, driven by strong demand and a diverse supplier base.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Senegal Neodymium [Nd-Fe-B] Magnet Market Overview |
3.1 Senegal Country Macro Economic Indicators |
3.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Senegal Neodymium [Nd-Fe-B] Magnet Market - Industry Life Cycle |
3.4 Senegal Neodymium [Nd-Fe-B] Magnet Market - Porter's Five Forces |
3.5 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Senegal Neodymium [Nd-Fe-B] Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for neodymium magnets in industries like electronics, automotive, and renewable energy due to their high magnetic strength. |
4.2.2 Growth in the manufacturing sector in Senegal, leading to higher usage of neodymium magnets in various applications. |
4.2.3 Technological advancements driving innovation in neodymium magnet production and applications. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, particularly rare earth elements required for neodymium magnet production, impacting manufacturing costs. |
4.3.2 Environmental concerns related to the extraction and processing of rare earth elements used in neodymium magnets, leading to regulatory challenges. |
4.3.3 Competition from alternative magnet materials like ferrite magnets that offer lower costs but with slightly lower magnetic strength. |
5 Senegal Neodymium [Nd-Fe-B] Magnet Market Trends |
6 Senegal Neodymium [Nd-Fe-B] Magnet Market, By Types |
6.1 Senegal Neodymium [Nd-Fe-B] Magnet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Bonded NdFeB Magnet, 2021- 2031F |
6.1.4 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Sintered NdFeB Magnet, 2021- 2031F |
6.1.5 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Senegal Neodymium [Nd-Fe-B] Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.2.3 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.4 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By healthcare, 2021- 2031F |
6.2.5 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Energy- Mining, 2021- 2031F |
6.2.6 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2021- 2031F |
7 Senegal Neodymium [Nd-Fe-B] Magnet Market Import-Export Trade Statistics |
7.1 Senegal Neodymium [Nd-Fe-B] Magnet Market Export to Major Countries |
7.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Imports from Major Countries |
8 Senegal Neodymium [Nd-Fe-B] Magnet Market Key Performance Indicators |
8.1 Average selling price of neodymium magnets in Senegal. |
8.2 Number of patents filed for neodymium magnet technologies or applications. |
8.3 Rate of adoption of neodymium magnets in emerging industries within Senegal. |
8.4 Investment in research and development for improving neodymium magnet properties and manufacturing processes. |
9 Senegal Neodymium [Nd-Fe-B] Magnet Market - Opportunity Assessment |
9.1 Senegal Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Senegal Neodymium [Nd-Fe-B] Magnet Market - Competitive Landscape |
10.1 Senegal Neodymium [Nd-Fe-B] Magnet Market Revenue Share, By Companies, 2024 |
10.2 Senegal Neodymium [Nd-Fe-B] Magnet Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |