| Product Code: ETC9971272 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, the United States continued to heavily rely on neodymium magnet imports, with top suppliers being China, Japan, Netherlands, Finland, and Philippines. Despite a concerning high market concentration, the industry saw a notable compound annual growth rate (CAGR) of 11.61% from 2020 to 2024. However, a sharp decline in growth rate in 2024 of -24.57% suggests potential market challenges or shifts in demand dynamics. Monitoring these trends will be crucial for stakeholders in the neodymium magnet import market.
![United States (US) Neodymium [nd-fe-b] Magnet Market Top 5 Importing Countries and Market Competition (HHI) Analysis](https://www.6wresearch.com/research-charts/united-states-us-neodymium-nd-fe-b-magnet-market-top-5-importing-countries-and-market-competition-hhi-analysis.jpg)
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 United States (US) Neodymium [Nd-Fe-B] Magnet Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 United States (US) Neodymium [Nd-Fe-B] Magnet Market - Industry Life Cycle |
3.4 United States (US) Neodymium [Nd-Fe-B] Magnet Market - Porter's Five Forces |
3.5 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.6 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 United States (US) 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 such as automotive, electronics, and renewable energy due to their high magnetic strength. |
4.2.2 Growing adoption of electric vehicles and renewable energy technologies that rely on neodymium magnets for efficient operation. |
4.3 Market Restraints |
4.3.1 Volatility in rare earth element prices, including neodymium, which can impact the cost of production for neodymium magnets. |
4.3.2 Environmental concerns related to the mining and processing of rare earth elements, including neodymium, leading to potential regulatory challenges. |
5 United States (US) Neodymium [Nd-Fe-B] Magnet Market Trends |
6 United States (US) Neodymium [Nd-Fe-B] Magnet Market, By Types |
6.1 United States (US) Neodymium [Nd-Fe-B] Magnet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Product Type, 2022 - 2032F |
6.1.3 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Bonded NdFeB Magnet, 2022 - 2032F |
6.1.4 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Sintered NdFeB Magnet, 2022 - 2032F |
6.1.5 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Consumer Electronics, 2022 - 2032F |
6.2.3 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.2.4 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By healthcare, 2022 - 2032F |
6.2.5 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Energy- Mining, 2022 - 2032F |
6.2.6 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenues & Volume, By Others, 2022 - 2032F |
7 United States (US) Neodymium [Nd-Fe-B] Magnet Market Import-Export Trade Statistics |
7.1 United States (US) Neodymium [Nd-Fe-B] Magnet Market Export to Major Countries |
7.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market Imports from Major Countries |
8 United States (US) Neodymium [Nd-Fe-B] Magnet Market Key Performance Indicators |
8.1 Average selling price of neodymium magnets in the US market. |
8.2 Adoption rate of electric vehicles and renewable energy technologies in the US. |
8.3 Investment in research and development for enhancing the performance of neodymium magnets. |
8.4 Recycling rate of neodymium magnets in the US market. |
8.5 Availability of rare earth elements, including neodymium, for domestic production. |
9 United States (US) Neodymium [Nd-Fe-B] Magnet Market - Opportunity Assessment |
9.1 United States (US) Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.2 United States (US) Neodymium [Nd-Fe-B] Magnet Market Opportunity Assessment, By Application, 2022 & 2032F |
10 United States (US) Neodymium [Nd-Fe-B] Magnet Market - Competitive Landscape |
10.1 United States (US) Neodymium [Nd-Fe-B] Magnet Market Revenue Share, By Companies, 2025 |
10.2 United States (US) Neodymium [Nd-Fe-B] 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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