| Product Code: ETC4655497 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Serbia`s import trend for magnetic materials market experienced a significant decline from 2023 to 2024, with a growth rate of -43.2%. The compound annual growth rate (CAGR) for the period 2020-2024 stood at -11.2%. This downturn could be attributed to shifts in demand dynamics or changes in trade policies impacting the market.

By 2027, the Magnetic Materials market in Serbia is anticipated to reach a growth rate of 15.50%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Serbia Magnetic Materials Market Overview |
3.1 Serbia Country Macro Economic Indicators |
3.2 Serbia Magnetic Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Serbia Magnetic Materials Market - Industry Life Cycle |
3.4 Serbia Magnetic Materials Market - Porter's Five Forces |
3.5 Serbia Magnetic Materials Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Serbia Magnetic Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Serbia Magnetic Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnetic materials in the automotive industry for electric vehicles |
4.2.2 Growing adoption of renewable energy sources such as wind turbines, which require magnetic materials |
4.2.3 Government initiatives promoting the use of magnetic materials in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in magnetic materials production |
4.3.2 Intense competition from established global magnetic materials manufacturers |
4.3.3 Lack of skilled labor and technical expertise in the magnetic materials industry in Serbia |
5 Serbia Magnetic Materials Market Trends |
6 Serbia Magnetic Materials Market Segmentations |
6.1 Serbia Magnetic Materials Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Serbia Magnetic Materials Market Revenues & Volume, By Semi-hard Magnet, 2021-2031F |
6.1.3 Serbia Magnetic Materials Market Revenues & Volume, By Soft Magnet, 2021-2031F |
6.1.4 Serbia Magnetic Materials Market Revenues & Volume, By Hard Magnet, 2021-2031F |
6.2 Serbia Magnetic Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Serbia Magnetic Materials Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Serbia Magnetic Materials Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.4 Serbia Magnetic Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Serbia Magnetic Materials Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.6 Serbia Magnetic Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Serbia Magnetic Materials Market Import-Export Trade Statistics |
7.1 Serbia Magnetic Materials Market Export to Major Countries |
7.2 Serbia Magnetic Materials Market Imports from Major Countries |
8 Serbia Magnetic Materials Market Key Performance Indicators |
8.1 Research and development investment in new magnetic materials technologies |
8.2 Number of patents filed for innovative magnetic materials in Serbia |
8.3 Percentage of companies in the magnetic materials market in Serbia investing in sustainable production practices |
9 Serbia Magnetic Materials Market - Opportunity Assessment |
9.1 Serbia Magnetic Materials Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Serbia Magnetic Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Serbia Magnetic Materials Market - Competitive Landscape |
10.1 Serbia Magnetic Materials Market Revenue Share, By Companies, 2024 |
10.2 Serbia Magnetic Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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