Italy - Permanent Magnets Of Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Permanent Magnet Price in Italy - 2023
Contents:
- Metal Permanent Magnet Price in Italy (CIF) - 2023
- Metal Permanent Magnet Price in Italy (FOB) - 2022
- Metal Permanent Magnet Imports in Italy
- Metal Permanent Magnet Exports in Italy
Metal Permanent Magnet Price in Italy (CIF) - 2023
The average metal permanent magnet import price stood at $18,825 per ton in August 2023, stabilizing at the previous month. Overall, the import price, however, recorded a pronounced slump. The pace of growth was the most pronounced in April 2023 an increase of 35% against the previous month. Over the period under review, average import prices reached the peak figure at $31,529 per ton in September 2022; however, from October 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 Germany ($33,730 per ton), while the price for France ($11,766 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 South Korea (+48.2%), while the prices for the other major suppliers experienced a decline.
Metal Permanent Magnet Price in Italy (FOB) - 2022
In 2022, the average metal permanent magnet export price amounted to $27,792 per ton, declining by -8.1% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal permanent magnet export price increased by +13.7% against 2020 indices. The growth pace was the most rapid in 2016 when the average export price increased by 57%. Over the period under review, the average export prices attained the peak figure at $33,944 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($97,854 per ton), while the average price for exports to Sweden ($6,582 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 the United States (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Permanent Magnet Imports in Italy
In 2022, the amount of metal permanent magnets imported into Italy surged to 6.1K tons, jumping by 48% against 2021. In general, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% 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 +52.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal permanent magnet imports skyrocketed to $176M in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 69%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Metal Permanent Magnet in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 57.3 | 58.5 | 104 | 152 | 38.4% |
| Germany | 5.7 | 4.7 | 6.7 | 9.7 | 19.4% |
| France | 1.6 | 1.0 | 0.9 | 2.3 | 12.9% |
| Lithuania | N/A | N/A | N/A | 0.7 | 0% |
| South Korea | 1.2 | 0.5 | 0.3 | 0.7 | -16.4% |
| Others | 6.6 | 5.9 | 7.3 | 9.9 | 14.5% |
| Total | 72.4 | 70.6 | 120 | 176 | 34.5% |
Top Suppliers of Metal Permanent Magnet to Italy in 2022:
- China (5.0K tons)
- France (0.2K tons)
- Germany (0.2K tons)
- South Korea (0.2K tons)
- Lithuania (0.1K tons)
Metal Permanent Magnet Exports in Italy
In 2022, approx. 1.6K tons of metal permanent magnets were exported from Italy; growing by 65% against 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal permanent magnet exports soared to $45M in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 80%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Metal Permanent Magnet in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.3 | 0.6 | 5.0 | 7.5 | 79.4% |
| France | 4.1 | 3.7 | 4.9 | 5.5 | 10.3% |
| Hungary | 0.2 | 0.2 | 0.3 | 4.2 | 175.9% |
| China | 0.4 | 0.3 | 0.7 | 4.0 | 115.4% |
| United Kingdom | 0.4 | 0.3 | 0.1 | 3.7 | 109.9% |
| Vietnam | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| United States | 0.9 | 1.5 | 0.5 | 1.6 | 21.1% |
| Spain | 0.8 | 0.9 | 1.8 | 1.5 | 23.3% |
| Poland | 0.9 | 0.8 | 1.3 | 1.1 | 6.9% |
| India | 0.6 | 0.4 | 0.8 | 1.0 | 18.6% |
| Brazil | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Egypt | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Sweden | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 8.8 | 7.4 | 13.6 | 11.5 | 9.3% |
| Total | 18.8 | 16.4 | 29.5 | 44.8 | 33.6% |
Top Export Markets for Metal Permanent Magnet from Italy in 2022:
- Hungary (331.9 tons)
- China (210.4 tons)
- France (190.6 tons)
- Vietnam (148.3 tons)
- United Kingdom (127.0 tons)
- Spain (98.3 tons)
- Germany (76.1 tons)
- Egypt (42.5 tons)
- United States (41.2 tons)
- Sweden (31.4 tons)
- Poland (27.5 tons)
- India (27.3 tons)
- Brazil (27.0 tons)
This report provides an in-depth analysis of the 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 25992995 - Permanent magnets and articles intended to become permanent magnets, 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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This report provides an in-depth analysis of the metal permanent magnet market in Italy.
511
This report provides an in-depth analysis of the permanent magnet market in Italy.
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This report provides an in-depth analysis of the non-metal permanent magnet market in Italy.
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This report provides an in-depth analysis of the global metal permanent magnet market.
1741
This report provides an in-depth analysis of the global permanent magnet market.
495
This report provides an in-depth analysis of the global electro-magnetic coupling market.
399
This report provides an in-depth analysis of the global electromagnetic lifting head market.
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This report provides an in-depth analysis of the global non-metal permanent magnet market.
339
In March 2023, the permanent magnet price stood at $11,273 per ton (CIF, Italy), remaining relatively unchanged against the previous month.
58
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.
254
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.
632
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.
1206
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. ...
1931
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. ...
339
In March 2023, the permanent magnet price stood at $11,273 per ton (CIF, Italy), remaining relatively unchanged against the previous month.
58
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.
254
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.
632
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.
