U.S. - Permanent Magnets Of Metal - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMetal Permanent Magnet Price in the United States - 2023
Contents:
- Metal Permanent Magnet Price in the United States (CIF) - 2023
- Metal Permanent Magnet Price in the United States (FOB) - 2023
- Metal Permanent Magnet Imports in the United States
- Metal Permanent Magnet Exports in the United States
Metal Permanent Magnet Price in the United States (CIF) - 2023
The average metal permanent magnet import price stood at $16,431 per ton in September 2023, which is down by -16% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 38% against the previous month. As a result, import price attained the peak level of $27,066 per ton. From June 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($34,704 per ton), while the price for Indonesia ($2,130 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Japan (-0.1%), while the prices for the other major suppliers experienced a decline.
Metal Permanent Magnet Price in the United States (FOB) - 2023
The average metal permanent magnet export price stood at $617K per ton in September 2023, with a decrease of -4.8% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 79% month-to-month. The export price peaked at $800K per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was China ($3.5M per ton), while the average price for exports to Mexico ($399K per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Permanent Magnet Imports in the United States
Metal permanent magnet imports into the United States skyrocketed to 33K tons in 2022, rising by 22% compared with 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 144%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, metal permanent magnet imports soared to $640M in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Metal Permanent Magnet in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 269 | 222 | 362 | 506 | 23.4% |
| Japan | 40.5 | 26.0 | 32.6 | 35.2 | -4.6% |
| Germany | 19.5 | 13.5 | 16.3 | 18.2 | -2.3% |
| South Korea | 2.6 | 4.3 | 7.6 | 9.4 | 53.5% |
| Philippines | 18.2 | 12.1 | 17.4 | 6.7 | -28.3% |
| Others | 42.3 | 40.7 | 55.1 | 63.9 | 14.7% |
| Total | 393 | 318 | 491 | 640 | 17.7% |
Top Suppliers of Metal Permanent Magnet to the United States in 2022:
- China (28.9K tons)
- Japan (1.5K tons)
- South Korea (0.7K tons)
- Germany (0.5K tons)
- Philippines (0.2K tons)
Metal Permanent Magnet Exports in the United States
Metal permanent magnet exports from the United States declined to 440 tons in 2022, waning by -9.9% against 2021. In general, exports continue to indicate a sharp decrease.
In value terms, metal permanent magnet exports expanded rapidly to $117M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Metal Permanent Magnet in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 46.1 | 45.1 | 54.0 | 57.7 | 7.8% |
| Canada | 17.7 | 14.1 | 18.2 | 21.0 | 5.9% |
| Germany | 3.5 | 3.4 | 3.4 | 4.5 | 8.7% |
| Singapore | 4.2 | 2.9 | 2.9 | 3.9 | -2.4% |
| China | 2.1 | 1.7 | 2.7 | 2.5 | 6.0% |
| Taiwan (Chinese) | 2.4 | 3.1 | 2.7 | 1.7 | -10.9% |
| Malaysia | 1.5 | 1.3 | 0.7 | 1.0 | -12.6% |
| Costa Rica | 1.5 | 0.6 | 0.4 | 0.9 | -15.7% |
| Switzerland | 0.3 | 1.3 | 0.9 | 0.9 | 44.2% |
| Thailand | 0.7 | 0.9 | 0.9 | 0.9 | 8.7% |
| Brazil | 0.3 | 0.8 | 0.8 | 0.7 | 32.6% |
| India | 0.6 | 0.4 | 0.6 | 0.6 | 0.0% |
| Dominican Republic | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Others | 18.7 | 18.3 | 20.3 | 20.6 | 3.3% |
| Total | 101 | 94.6 | 109 | 117 | 5.0% |
Top Export Markets for Metal Permanent Magnet from the United States in 2022:
- Mexico (107.8 tons)
- Germany (59.5 tons)
- Singapore (51.6 tons)
- Canada (39.7 tons)
- China (33.1 tons)
- Taiwan (Chinese) (22.3 tons)
- Malaysia (12.8 tons)
- Switzerland (12.5 tons)
- Thailand (12.4 tons)
- Costa Rica (11.6 tons)
- Brazil (8.7 tons)
- Dominican Republic (8.5 tons)
- India (7.7 tons)
This report provides an in-depth analysis of the metal permanent magnet market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
347
This report provides an in-depth analysis of the metal permanent magnet market in the U.S..
522
This report provides an in-depth analysis of the permanent magnet market in the U.S..
343
This report provides an in-depth analysis of the electro-magnetic coupling market in the U.S..
343
This report provides an in-depth analysis of the electromagnetic lifting head market in the U.S..
383
This report provides an in-depth analysis of the non-metal permanent magnet market in the U.S..
437
This report provides an in-depth analysis of the global metal permanent magnet market.
1739
This report provides an in-depth analysis of the global permanent magnet market.
492
This report provides an in-depth analysis of the global electro-magnetic coupling market.
396
This report provides an in-depth analysis of the global electromagnetic lifting head market.
451
This report provides an in-depth analysis of the global non-metal permanent magnet market.
447
In August 2022, the permanent magnet price per ton stood at $604, which is down by -15.6% against the previous month.
56
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.
251
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.
631
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.
1204
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. ...
1929
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. ...
447
In August 2022, the permanent magnet price per ton stood at $604, which is down by -15.6% against the previous month.
56
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.
251
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.
631
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.
