Malta: Permanent Magnet Market 2020

Permanent Magnet Market Size in Malta

The revenue of the permanent magnet market in Malta amounted to $X in 2018, going up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, permanent magnet consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. In that year, the permanent magnet market reached its peak level of $X. From 2016 to 2018, the growth of the permanent magnet market failed to regain its momentum.

Permanent Magnet Exports

Exports from Malta

Permanent magnet exports from Malta amounted to X kg in 2018, lowering by -X% against the previous year. Over the period under review, permanent magnet exports continue to indicate a drastic deduction. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. In that year, permanent magnet exports attained their peak of X kg. From 2010 to 2018, the growth of permanent magnet exports failed to regain its momentum.

In value terms, permanent magnet exports totaled $X in 2018. In general, permanent magnet exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, permanent magnet exports attained their maximum at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in permanent magnet exports structure, accounting for X tons, which was approx. X% of total exports in 2018. It was distantly followed by South Korea (X tons) and Japan (X tons), together comprising a X% share of total exports. Germany (X tons), Malaysia (X tons), Italy (X tons), the U.S. (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Malaysia (+X%), South Korea (+X%), the Netherlands (+X%), Germany (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), South Korea (+X p.p.) and Malaysia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest permanent magnet supplier from Malta, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Germany (+X% per year).

Export Prices by Country

The permanent magnet export price in Malta stood at $X per ton in 2018, shrinking by -X% against the previous year. In general, the permanent magnet export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Malta export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Permanent Magnet Imports

Imports into Malta

In 2018, the permanent magnet imports into Malta amounted to X tons, jumping by X% against the previous year. Over the period under review, permanent magnet imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Malta imports peaked at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, permanent magnet imports amounted to $X in 2018. Over the period under review, permanent magnet imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% year-to-year. In that year, permanent magnet imports reached their peak of $X. From 2016 to 2018, the growth of permanent magnet imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X tons), Mexico (X tons), Germany (X tons), India (X tons), Malaysia (X tons), Vietnam (X tons), China, Hong Kong SAR (X tons), China (X tons), Thailand (X tons), Japan (X tons), Italy (X tons) and South Korea (X tons) were the major importers of permanent magnets in the world, creating X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest permanent magnet importing markets into Malta were Germany ($X), the U.S. ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Thailand, China, Hong Kong SAR, Mexico, South Korea, Vietnam, Malaysia, Japan, Italy, India and Malta, which together accounted for a further X Nam recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the permanent magnet import price in Malta amounted to $X per ton, falling by -X% against the previous year. Overall, the permanent magnet import price continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. In that year, the import prices for permanent magnets attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for permanent magnets remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was South Korea ($X per ton), while India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform