| Product Code: ETC9234283 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Seychelles continues to attract magnet imports mainly from Thailand, Philippines, Mauritius, UK, and UAE in 2024, showcasing a high level of market concentration. The impressive Compound Annual Growth Rate (CAGR) of 63.26% from 2020 to 2024 indicates robust industry expansion. Moreover, the remarkable growth rate of 87.43% from 2023 to 2024 highlights the increasing demand for magnets in Seychelles. These trends suggest a thriving market for magnet imports in the country, with key exporting countries playing a significant role in driving this growth.

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 Seychelles Magnet Market Overview |
3.1 Seychelles Country Macro Economic Indicators |
3.2 Seychelles Magnet Market Revenues & Volume, 2021 & 2031F |
3.3 Seychelles Magnet Market - Industry Life Cycle |
3.4 Seychelles Magnet Market - Porter's Five Forces |
3.5 Seychelles Magnet Market Revenues & Volume Share, By Magnet Type, 2021 & 2031F |
3.6 Seychelles Magnet Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Seychelles Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing tourism in Seychelles leading to higher demand for souvenirs like magnets |
4.2.2 Growing popularity of travel and destination-themed souvenirs |
4.2.3 Rising disposable income levels in key tourist markets |
4.3 Market Restraints |
4.3.1 Seasonality in tourist arrivals impacting magnet sales during off-peak periods |
4.3.2 Competition from alternative souvenir products like keychains or postcards |
5 Seychelles Magnet Market Trends |
6 Seychelles Magnet Market, By Types |
6.1 Seychelles Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Seychelles Magnet Market Revenues & Volume, By Magnet Type, 2021- 2031F |
6.1.3 Seychelles Magnet Market Revenues & Volume, By Ferrite, 2021- 2031F |
6.1.4 Seychelles Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021- 2031F |
6.1.5 Seychelles Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2021- 2031F |
6.1.6 Seychelles Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021- 2031F |
6.2 Seychelles Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Seychelles Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2021- 2031F |
6.2.3 Seychelles Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2021- 2031F |
6.2.4 Seychelles Magnet Market Revenues & Volume, By Electric Bicycles, 2021- 2031F |
6.2.5 Seychelles Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2021- 2031F |
6.2.6 Seychelles Magnet Market Revenues & Volume, By Wind Turbines, 2021- 2031F |
7 Seychelles Magnet Market Import-Export Trade Statistics |
7.1 Seychelles Magnet Market Export to Major Countries |
7.2 Seychelles Magnet Market Imports from Major Countries |
8 Seychelles Magnet Market Key Performance Indicators |
8.1 Average spending per tourist on souvenirs in Seychelles |
8.2 Number of new hotels or resorts opening in Seychelles |
8.3 Percentage of tourists purchasing magnets compared to other souvenirs |
9 Seychelles Magnet Market - Opportunity Assessment |
9.1 Seychelles Magnet Market Opportunity Assessment, By Magnet Type, 2021 & 2031F |
9.2 Seychelles Magnet Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Seychelles Magnet Market - Competitive Landscape |
10.1 Seychelles Magnet Market Revenue Share, By Companies, 2024 |
10.2 Seychelles Magnet 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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