Forecast: Import of Permanent Magnets, Articles Intended as Magnets Except Metal to Germany

In 2023, the import volume of permanent magnets and articles intended as magnets, excluding metal, to Germany stood at an estimated baseline below 26.63 million kilograms. From the data provided, a steady increase is projected from 2024 to 2028, with values rising from 26.63 to 28.842 million kilograms. This reflects an annual growth signaling a healthy demand in Germany for these materials with a consistent year-on-year increase. The projected compound annual growth rate (CAGR) over this period is indicative of a stable upward trajectory in import volumes.

Future trends to watch for include:

  • The impact of technological advancements on the demand for non-metal magnets, particularly in industries such as electronics and green energy.
  • Potential market shifts due to geopolitical dynamics affecting trade policies or supply chains.
  • Economic factors, such as shifts in German industrial output or renewable energy initiatives, that could further influence magnet import demands.

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