Report Update: May 1, 2024

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

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Non-Metal Permanent Magnet Price in Denmark - 2023

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

The average non-metal permanent magnet import price stood at $14,371 per ton in August 2023, which is down by -22.7% against the previous month. Over the period under review, import price indicated a mild increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, non-metal permanent magnet import price decreased by -29.1% against June 2023 indices. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 94% against the previous month. As a result, import price attained the peak level of $20,260 per ton. From July 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($28,861 per ton), while the price for France ($8,782 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 (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Metal Permanent Magnet Price in Denmark (FOB) - 2022

The average non-metal permanent magnet export price stood at $27,930 per ton in 2022, falling by -34% against the previous year. In general, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 52%. The export price peaked at $44,589 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Metal Permanent Magnet Imports in Denmark

In 2022, purchases abroad of non-metal permanent magnets increased by 8.4% to 307 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep contraction.

In value terms, non-metal permanent magnet imports skyrocketed to $3.9M in 2022. In general, imports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 25%.

Import of Non-Metal Permanent Magnet in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,989	779	1,289	2,017	0.5%
Germany	787	268	437	561	-10.7%
Sweden	87.1	87.0	131	256	43.2%
Netherlands	630	412	479	245	-27.0%
France	37.3	32.6	52.3	153	60.1%
Japan	196	300	198	81.5	-25.4%
Poland	41.7	27.7	86.2	78.3	23.4%
Italy	66.1	46.3	40.7	55.2	-5.8%
United Kingdom	399	468	56.0	16.9	-65.1%
Others	283	172	479	438	15.7%
Total	4,516	2,593	3,248	3,902	-4.8%

Top Suppliers of Non-Metal 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)
Italy (5.1 tons)
United Kingdom (0.4 tons)

Non-Metal Permanent Magnet Exports in Denmark

In 2022, approx. 106 tons of non-metal permanent magnets were exported from Denmark; with an increase of 60% against the year before. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-metal permanent magnet exports amounted to $3M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Non-Metal Permanent Magnet in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	669	407	498	771	4.8%
Sweden	671	550	665	543	-6.8%
Germany	101	74.7	456	448	64.3%
Belgium	10.6	107	293	409	237.9%
Norway	336	91.6	306	254	-8.9%
China	2.4	1.0	0.1	128	276.4%
Hungary	1.7	2.2	9.2	50.5	209.7%
France	109	103	122	38.2	-29.5%
Netherlands	30.0	22.0	24.9	22.5	-9.1%
Spain	448	408	21.1	17.4	-66.1%
Finland	7.1	11.2	16.4	4.0	-17.4%
Saudi Arabia	N/A	N/A	20.7	N/A	0%
Others	114	155	371	277	34.4%
Total	2,499	1,933	2,803	2,963	5.8%

Top Export Markets for Non-Metal 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)
Finland (0.7 tons)
France (0.6 tons)
Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-metal 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)

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
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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