Italy - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNon-Metal Permanent Magnet Price in Italy - 2023
Contents:
- Non-Metal Permanent Magnet Price in Italy (CIF) - 2023
- Non-Metal Permanent Magnet Price in Italy (FOB) - 2022
- Non-Metal Permanent Magnet Imports in Italy
- Non-Metal Permanent Magnet Exports in Italy
Non-Metal Permanent Magnet Price in Italy (CIF) - 2023
The average non-metal permanent magnet import price stood at $5,704 per ton in August 2023, waning by -32.7% against the previous month. In general, the import price recorded a mild downturn. The most prominent rate of growth was recorded in September 2022 an increase of 32% against the previous month. The import price peaked at $9,450 per ton in November 2022; however, from December 2022 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($10,315 per ton), while the price for Romania ($1,194 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Metal Permanent Magnet Price in Italy (FOB) - 2022
The average non-metal permanent magnet export price stood at $5,565 per ton in 2022, increasing by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the maximum at $6,085 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($33,947 per ton), while the average price for exports to South Africa ($1,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Metal Permanent Magnet Imports in Italy
Non-metal permanent magnet imports into Italy declined to 14K tons in 2022, waning by -5.8% on 2021 figures. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 15K tons, and then contracted in the following year.
In value terms, non-metal permanent magnet imports surged to $112M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Non-Metal Permanent Magnet in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.7 | 35.6 | 59.6 | 83.6 | 19.7% |
South Korea | 8.4 | 7.9 | 11.9 | 9.4 | 3.8% |
Germany | 5.1 | 4.9 | 5.0 | 5.8 | 4.4% |
France | 5.5 | 3.4 | 4.9 | 5.1 | -2.5% |
Others | 7.7 | 7.1 | 6.5 | 7.8 | 0.4% |
Total | 75.4 | 58.9 | 87.9 | 112 | 14.1% |
Top Suppliers of Non-Metal Permanent Magnet to Italy in 2022:
- China (8.8K tons)
- South Korea (2.5K tons)
- Germany (0.8K tons)
- France (0.8K tons)
Non-Metal Permanent Magnet Exports in Italy
Non-metal permanent magnet exports from Italy totaled 9.6K tons in 2022, remaining stable against the year before. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, non-metal permanent magnet exports rose sharply to $54M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Non-Metal Permanent Magnet in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.4 | 6.1 | 12.4 | 10.8 | 1.3% |
Turkey | 3.6 | 3.5 | 4.8 | 5.6 | 15.9% |
Spain | 3.2 | 2.8 | 4.0 | 5.0 | 16.0% |
China | 4.2 | 3.9 | 4.1 | 4.9 | 5.3% |
Romania | 2.1 | 2.5 | 3.3 | 3.9 | 22.9% |
Poland | 2.2 | 2.2 | 2.8 | 3.9 | 21.0% |
Hungary | 1.3 | 1.0 | 1.0 | 2.2 | 19.2% |
Finland | 0.1 | 0.1 | 0.1 | 1.8 | 162.1% |
Russia | 1.2 | 1.3 | 1.8 | 1.8 | 14.5% |
Mexico | 1.0 | 0.9 | 1.1 | 1.2 | 6.3% |
Slovenia | 0.3 | 0.3 | 0.6 | 0.9 | 44.2% |
South Africa | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
Others | 9.9 | 9.2 | 10.5 | 11.3 | 4.5% |
Total | 39.8 | 34.0 | 46.8 | 53.7 | 10.5% |
Top Export Markets for Non-Metal Permanent Magnet from Italy in 2022:
- Turkey (2819.7 tons)
- Romania (1400.3 tons)
- Poland (804.0 tons)
- Hungary (786.1 tons)
- Russia (735.1 tons)
- Germany (676.5 tons)
- Mexico (475.1 tons)
- Spain (432.0 tons)
- Slovenia (304.9 tons)
- South Africa (235.6 tons)
- Finland (221.0 tons)
- China (145.5 tons)
This report provides an in-depth analysis of the non-metal permanent magnet market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23441230 - Permanent magnets and articles intended to become permanent magnets (excluding of metal)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In March 2023, the permanent magnet price stood at $11,273 per ton (CIF, Italy), remaining relatively unchanged against the previous month.
Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...
Discover the leading countries in the global market for metal permanent magnets and their import values for 2023. Gain insights into key players and market trends in this industry.
In March 2023, the permanent magnet price stood at $11,273 per ton (CIF, Italy), remaining relatively unchanged against the previous month.
Explore the top 10 import markets for permanent magnets, including key statistics and insights. Find out which countries dominate the global import market for these essential materials.
With the development of the electric car and electronic technology industry, the demand for permanent magnets is showing significant growth. China, thanks to government subsidies, continues to maintain low market prices for permanent magnets and dominate the export market.
Global permanent magnet imports totaled X tons in 2016, remaining stable against the previous year figure. Overall, permanent magnet imports continue to indicate a relatively flat trend pattern. ...