Report Update: May 1, 2024

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

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Non-Metal Permanent Magnet Price in the Czech Republic - 2023

Non-Metal Permanent Magnet Price in the Czech Republic (CIF) - 2022

The average non-metal permanent magnet import price stood at $8,774 per ton in 2022, reducing by -6.7% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in 2014 when the average import price increased by 57% against the previous year. The import price peaked at $20,460 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($16,430 per ton), while the price for South Korea ($2,497 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced a decline.

Non-Metal Permanent Magnet Price in the Czech Republic (FOB) - 2023

In August 2023, the average non-metal permanent magnet export price amounted to $2,858 per ton, increasing by 9.3% against the previous month. Overall, the export price, however, saw a abrupt decrease. The growth pace was the most rapid in April 2023 when the average export price increased by 60% against the previous month. Over the period under review, the average export prices hit record highs at $9,219 per ton in August 2022; however, from September 2022 to August 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to -9.2% per month.

Non-Metal Permanent Magnet Imports in the Czech Republic

In 2022, approx. 2.6K tons of non-metal permanent magnets were imported into the Czech Republic; which is down by -1.7% compared with the previous year. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 4.3%.

In value terms, non-metal permanent magnet imports dropped to $23M in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 1.7%.

Import of Non-Metal Permanent Magnet in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	14.9	15.0	12.7	11.1	-9.3%
China	8.3	4.6	5.9	7.7	-2.5%
Japan	1.2	0.8	1.0	0.7	-16.4%
Netherlands	0.2	0.4	0.8	0.5	35.7%
Vietnam	N/A	0.1	0.6	0.3	73.2%
South Korea	0.9	0.1	0.2	0.1	-51.9%
Indonesia	1.3	0.4	0.4	N/A	-44.5%
Others	2.6	2.9	3.2	2.4	-2.6%
Total	29.5	24.4	24.8	22.8	-8.2%

Top Suppliers of Non-Metal Permanent Magnet to the Czech Republic in 2022:

China (1180.3 tons)
Germany (986.0 tons)
Vietnam (97.5 tons)
Netherlands (55.2 tons)
Japan (41.2 tons)
South Korea (41.2 tons)

Non-Metal Permanent Magnet Exports in the Czech Republic

In 2022, overseas shipments of non-metal permanent magnets were finally on the rise to reach 4.5K tons after two years of decline. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, non-metal permanent magnet exports contracted to $16M in 2022. In general, exports, however, saw a abrupt shrinkage. The smallest decline of -2% was in 2021.

Export of Non-Metal Permanent Magnet in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	15.7	14.3	13.0	11.4	-10.1%
Others	3.8	4.0	5.0	4.2	3.4%
Total	19.5	18.3	17.9	15.6	-7.2%

Top Export Markets for Non-Metal Permanent Magnet from the Czech Republic in 2022:

Germany (4.3K tons)

Source: IndexBox Market Intelligence Platform

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

Czech Republic

Data coverage:

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