| Product Code: ETC5828564 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia continued to heavily rely on imports of permanent magnets, with key suppliers including South Africa, Mauritius, China, India, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for suppliers. Despite a strong compound annual growth rate (CAGR) of 67.12% from 2020 to 2024, the negative growth rate of -47.21% in 2024 suggests a recent decline in demand or other market factors. Monitoring future trends and supplier dynamics will be crucial for stakeholders in the permanent magnets market in Zambia.

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 Zambia Permanent Magnets Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Permanent Magnets Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Permanent Magnets Market - Industry Life Cycle |
3.4 Zambia Permanent Magnets Market - Porter's Five Forces |
3.5 Zambia Permanent Magnets Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Zambia Permanent Magnets Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Zambia Permanent Magnets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for permanent magnets in automotive and electronics industries |
4.2.2 Growing investments in renewable energy projects utilizing permanent magnets |
4.2.3 Technological advancements in permanent magnet materials and manufacturing processes |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices (e.g., neodymium, dysprosium) |
4.3.2 Intense competition from substitute materials like ferrite magnets |
4.3.3 Regulatory challenges related to environmental concerns in magnet production |
5 Zambia Permanent Magnets Market Trends |
6 Zambia Permanent Magnets Market Segmentations |
6.1 Zambia Permanent Magnets Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Zambia Permanent Magnets Market Revenues & Volume, By Ferrite, 2021-2031F |
6.1.3 Zambia Permanent Magnets Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2021-2031F |
6.1.4 Zambia Permanent Magnets Market Revenues & Volume, By Aluminum Nickel Cobalt (Alnico), 2021-2031F |
6.1.5 Zambia Permanent Magnets Market Revenues & Volume, By Samarium Cobalt (SmCo), 2021-2031F |
6.2 Zambia Permanent Magnets Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Zambia Permanent Magnets Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Zambia Permanent Magnets Market Revenues & Volume, By Consumer Goods & Electronics, 2021-2031F |
6.2.4 Zambia Permanent Magnets Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Zambia Permanent Magnets Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Zambia Permanent Magnets Market Revenues & Volume, By Energy, 2021-2031F |
6.2.7 Zambia Permanent Magnets Market Revenues & Volume, By Medical, 2021-2031F |
7 Zambia Permanent Magnets Market Import-Export Trade Statistics |
7.1 Zambia Permanent Magnets Market Export to Major Countries |
7.2 Zambia Permanent Magnets Market Imports from Major Countries |
8 Zambia Permanent Magnets Market Key Performance Indicators |
8.1 Average selling price of permanent magnets in Zambia |
8.2 Number of new product innovations in the permanent magnet market |
8.3 Percentage of renewable energy projects in Zambia using permanent magnets |
9 Zambia Permanent Magnets Market - Opportunity Assessment |
9.1 Zambia Permanent Magnets Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Zambia Permanent Magnets Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Zambia Permanent Magnets Market - Competitive Landscape |
10.1 Zambia Permanent Magnets Market Revenue Share, By Companies, 2024 |
10.2 Zambia Permanent Magnets Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |