EU - Permanent Magnets - Market Analysis, Forecast, Size, Trends And Insights
Permanent Magnet Market - Germany Ranks First in EU Permanent Magnet Production and Trade
From 2007 to 2014, EU production on the permanent magnet market showed mixed dynamics, eventually falling from X thousand tonnes in 2007 to X thousand tonnes in 2014. It dropped with a CAGR of -X% over the period under review. In value terms, EU magnet production was X million EUR in 2014.
Germany was the largest producer of permanent magnets in absolute volumes, with X tonnes. It was distantly followed by the Czech Republic (X tonnes), Denmark (X tonnes) and Finland (X tonnes).
Positive dynamics in permanent magnet production among the main producing countries from 2007 to 2014 were recorded in Germany (+X% per year), while for Denmark and Finland the paces of growth were negative.
Germany dominated in EU permanent magnet production and trade. In 2014, it exported the lion's share of its total magnet output. Of this amount, X% was supplied to the Czech Republic, where Germany's permanent magnets held a X% share of the country's total imports.
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