Report Update: Apr 20, 2024

Sweden - Non-metal Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights

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Non-Metal Permanent Magnet Price in Sweden - 2023

Non-Metal Permanent Magnet Price in Sweden (FOB) - 2023

The average non-metal permanent magnet export price stood at $12,165 per ton in August 2023, increasing by 35% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 50% month-to-month. Over the period under review, the average export prices hit record highs at $17,102 per ton in December 2022; however, from January 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Hungary ($35,892 per ton), while the average price for exports to Denmark ($1,325 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Metal Permanent Magnet Price in Sweden (CIF) - 2023

In August 2023, the average non-metal permanent magnet import price amounted to $6,506 per ton, growing by 1.7% against the previous month. Overall, the import price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 187% month-to-month. As a result, import price attained the peak level of $16,154 per ton. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($26,411 per ton), while the price for the Netherlands ($4,599 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 the Netherlands (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Metal Permanent Magnet Exports in Sweden

In 2022, overseas shipments of non-metal permanent magnets decreased by -5.7% to 603 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 57%. As a result, the exports reached the peak of 639 tons, and then fell in the following year.

In value terms, non-metal permanent magnet exports shrank modestly to $7.9M in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. As a result, the exports reached the peak of $8.2M, and then declined modestly in the following year.

Export of Non-Metal Permanent Magnet in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	233	476	1,002	979	61.4%
Poland	260	372	791	949	54.0%
Norway	757	819	1,004	847	3.8%
Italy	310	379	572	696	30.9%
Hungary	473	384	466	519	3.1%
Germany	878	465	455	455	-19.7%
Finland	405	372	297	334	-6.2%
Denmark	321	229	193	270	-5.6%
Estonia	104	169	256	207	25.8%
Spain	3.9	40.7	158	167	249.9%
United Kingdom	107	150	150	125	5.3%
Latvia	11.7	29.7	192	78.4	88.5%
Others	2,726	2,542	2,676	2,263	-6.0%
Total	6,590	6,426	8,212	7,890	6.2%

Top Export Markets for Non-Metal Permanent Magnet from Sweden in 2022:

France (155.6 tons)
Italy (121.0 tons)
Poland (73.6 tons)
Norway (60.7 tons)
Spain (27.9 tons)
Finland (24.5 tons)
Denmark (21.2 tons)
Germany (20.8 tons)
Latvia (15.1 tons)
Hungary (10.9 tons)
Estonia (10.7 tons)
United Kingdom (4.5 tons)

Non-Metal Permanent Magnet Imports in Sweden

In 2022, purchases abroad of non-metal permanent magnets increased by 0.5% to 764 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt setback.

In value terms, non-metal permanent magnet imports contracted to $4.9M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $5.4M, and then fell in the following year.

Import of Non-Metal Permanent Magnet in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,127	1,879	2,776	2,157	0.5%
Netherlands	897	1,020	1,140	1,354	14.7%
Germany	396	422	784	611	15.6%
Taiwan (Chinese)	182	167	157	199	3.0%
United Kingdom	442	333	64.6	94.4	-40.2%
Others	711	583	448	517	-10.1%
Total	4,756	4,404	5,370	4,932	1.2%

Top Suppliers of Non-Metal Permanent Magnet to Sweden in 2022:

Netherlands (424.4 tons)
China (220.7 tons)
Germany (58.3 tons)
Taiwan (Chinese) (22.4 tons)
United Kingdom (4.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-metal permanent magnet market in Sweden. 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:

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023