The United Kingdom holds the largest share of European imports of permanent magnets, contributing significantly more than other countries. Germany and Italy follow, with relatively smaller contributions. From 2023 to 2024, France, Denmark, Finland, and Lithuania demonstrate notable growth percentages, indicating an increase in demand or capacity. Meanwhile, Ireland and Latvia experience declines.
Looking ahead, consider monitoring shifts due to economic or regulatory changes, affecting manufacturing strategies across Europe. Increased emphasis on technological advancements and green energy could further impact trade dynamics, potentially increasing the imports of countries investing heavily in new technologies connected to permanent magnets. Additionally, shifts in global trade agreements or supply chain strategies might influence import shares across various nations.
Top countries in Import of Permanent Magnets and Articles Intended to Become Permanent Magnets of Metal Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 62.56 | 2023 | +6.78% | +63.95% | View data |
| 2 | 2 Germany | 11.14 | 2023 | +3.64% | +3.23% | View data |
| 3 | 3 Italy | 4.82 | 2023 | +10.33% | +6.34% | View data |
| 4 | 4 Netherlands | 3.42 | 2023 | +2.22% | +3.66% | View data |
| 5 | 5 France | 3.24 | 2023 | +9.35% | +1.97% | View data |
| 6 | 6 Denmark | 2.57 | 2023 | +11.75% | +14.8% | View data |
| 7 | 7 Poland | 2.37 | 2023 | +3.17% | +3.1% | View data |
| 8 | 8 Hungary | 1.74 | 2023 | +4.03% | +1.56% | View data |
| 9 | 9 Spain | 1.72 | 2023 | +4.32% | +5.6% | View data |
| 10 | 10 Czechia | 1.51 | 2023 |
