Report Update: May 1, 2024

Denmark - Permanent Magnets - Market Analysis, Forecast, Size, Trends and Insights

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Permanent Magnet Price in Denmark - 2023

Permanent Magnet Price in Denmark (CIF) - 2023

The average permanent magnet import price stood at $34,393 per ton in August 2023, with an increase of 46% against the previous month. Over the period under review, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 83% month-to-month. The import price peaked in August 2023.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($41,513 per ton), while the price for France ($9,224 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 Germany (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Permanent Magnet Price in Denmark (FOB) - 2022

In 2022, the average permanent magnet export price amounted to $27,930 per ton, with an increase of 12% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2018 when the average export price increased by 31%. The export price peaked at $40,478 per ton in 2012; however, from 2013 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 Sweden ($128,498 per ton), while the average price for exports to Poland ($13,576 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 Belgium (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Permanent Magnet Imports in Denmark

For the third year in a row, Denmark recorded decline in overseas purchases of permanent magnets, which decreased by -77.7% to 307 tons in 2022. Over the period under review, imports saw a dramatic slump. The smallest decline of -29.9% was in 2020.

In value terms, permanent magnet imports declined dramatically to $3.9M in 2022. In general, imports saw a dramatic slump. The smallest decline of -29.8% was in 2020.

Import of Permanent Magnet in Denmark (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	72.7	47.2	22.0	2.0	-69.8%
Germany	5.0	6.4	3.6	0.6	-50.7%
Sweden	0.2	0.3	0.5	0.3	14.5%
Netherlands	1.9	1.8	1.7	0.2	-52.8%
France	0.1	0.1	0.1	0.2	26.0%
Poland	0.1	0.1	0.1	0.1	0.0%
Japan	0.2	0.3	0.2	0.1	-20.6%
Others	2.8	2.0	2.0	0.5	-43.7%
Total	83.1	58.3	30.2	3.9	-63.9%

Top Suppliers of Permanent Magnet to Denmark in 2022:

China (123.3 tons)
Germany (59.3 tons)
Netherlands (57.8 tons)
France (17.3 tons)
Japan (14.1 tons)
Sweden (11.7 tons)
Poland (6.1 tons)

Permanent Magnet Exports in Denmark

In 2022, overseas shipments of permanent magnets decreased by -68.7% to 106 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 187% against the previous year. As a result, the exports reached the peak of 666 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, permanent magnet exports plummeted to $3M in 2022. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 142%. As a result, the exports attained the peak of $19M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Permanent Magnet in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	751	524	727	771	0.9%
Sweden	933	785	976	543	-16.5%
Germany	1,673	12,465	1,604	448	-35.5%
Belgium	92.9	316	563	409	63.9%
Norway	721	634	875	254	-29.4%
China	179	104	155	128	-10.6%
United Kingdom	475	549	388	62.0	-49.3%
Hungary	22.9	71.1	41.6	50.5	30.2%
France	478	419	487	38.2	-56.9%
Netherlands	210	217	185	22.5	-52.5%
Others	2,372	3,082	2,427	237	-53.6%
Total	7,909	19,166	8,429	2,963	-27.9%

Top Export Markets for Permanent Magnet from Denmark in 2022:

Poland (56.8 tons)
Norway (13.0 tons)
Belgium (8.5 tons)
China (7.5 tons)
Germany (5.0 tons)
Sweden (4.2 tons)
Hungary (1.8 tons)
Netherlands (1.6 tons)
United Kingdom (1.3 tons)
France (0.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the permanent magnet market in Denmark. 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)
Prodcom 25992995 - Permanent magnets and articles intended to become permanent magnets, of metal

Country coverage:

Denmark

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Denmark
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