| Product Code: ETC10146224 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
During 2020-2024, Zimbabwe experienced a notable increase in the import trend of permanent magnets. The compound annual growth rate (CAGR) for this period was 13.15%, indicating a steady rise. In 2023-2024, there was a significant year-on-year growth rate of -73.97%, contributing to the overall increase in imports during the specified timeframe.

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 Zimbabwe Permanent Magnet Market Overview |
3.1 Zimbabwe Country Macro Economic Indicators |
3.2 Zimbabwe Permanent Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Zimbabwe Permanent Magnet Market - Industry Life Cycle |
3.4 Zimbabwe Permanent Magnet Market - Porter's Five Forces |
3.5 Zimbabwe Permanent Magnet Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Zimbabwe Permanent Magnet Market Revenues & Volume Share, By End-Use, 2022 & 2032F |
4 Zimbabwe Permanent Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources requiring permanent magnets in wind turbines and electric vehicles. |
4.2.2 Growth in industrial automation leading to higher demand for permanent magnets in motors and generators. |
4.2.3 Government initiatives to promote manufacturing and technological advancements in Zimbabwe. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in permanent magnet production. |
4.3.2 Intense competition from international permanent magnet manufacturers. |
4.3.3 Limited technological expertise and infrastructure for large-scale permanent magnet production in Zimbabwe. |
5 Zimbabwe Permanent Magnet Market Trends |
6 Zimbabwe Permanent Magnet Market, By Types |
6.1 Zimbabwe Permanent Magnet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Zimbabwe Permanent Magnet Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Zimbabwe Permanent Magnet Market Revenues & Volume, By Neodymium Iron Boron Magnets, 2022-2032F |
6.1.4 Zimbabwe Permanent Magnet Market Revenues & Volume, By Ferrite Magnets, 2022-2032F |
6.1.5 Zimbabwe Permanent Magnet Market Revenues & Volume, By Samarium Cobalt Magnets, 2022-2032F |
6.1.6 Zimbabwe Permanent Magnet Market Revenues & Volume, By Alnico Magnets, 2022-2032F |
6.1.7 Zimbabwe Permanent Magnet Market Revenues & Volume, By Others, 2022-2032F |
6.2 Zimbabwe Permanent Magnet Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Zimbabwe Permanent Magnet Market Revenues & Volume, By Consumer Electronics, 2022-2032F |
6.2.3 Zimbabwe Permanent Magnet Market Revenues & Volume, By General Industrial, 2022-2032F |
6.2.4 Zimbabwe Permanent Magnet Market Revenues & Volume, By Automotive, 2022-2032F |
6.2.5 Zimbabwe Permanent Magnet Market Revenues & Volume, By Medical Technology, 2022-2032F |
6.2.6 Zimbabwe Permanent Magnet Market Revenues & Volume, By Environment & Energy, 2022-2032F |
6.2.7 Zimbabwe Permanent Magnet Market Revenues & Volume, By Aerospace & Defense, 2022-2032F |
7 Zimbabwe Permanent Magnet Market Import-Export Trade Statistics |
7.1 Zimbabwe Permanent Magnet Market Export to Major Countries |
7.2 Zimbabwe Permanent Magnet Market Imports from Major Countries |
8 Zimbabwe Permanent Magnet Market Key Performance Indicators |
8.1 Percentage increase in research and development investments in permanent magnet technology. |
8.2 Number of partnerships and collaborations between Zimbabwean companies and international players in the permanent magnet industry. |
8.3 Growth in the number of skilled professionals specializing in permanent magnet manufacturing in Zimbabwe. |
9 Zimbabwe Permanent Magnet Market - Opportunity Assessment |
9.1 Zimbabwe Permanent Magnet Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Zimbabwe Permanent Magnet Market Opportunity Assessment, By End-Use, 2022 & 2032F |
10 Zimbabwe Permanent Magnet Market - Competitive Landscape |
10.1 Zimbabwe Permanent Magnet Market Revenue Share, By Companies, 2025 |
10.2 Zimbabwe Permanent 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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