What this market covers
Permanent magnets made by mixing magnetic powder with a polymer binder and moulding it to shape. Buyers are makers of small motors, sensors and consumer electronics.
Typical segments
- Bonded neodymium magnets
- Bonded ferrite magnets
- Injection moulded magnets
- Compression bonded magnets
Source: Eurostat
Why this market is moving now
- Extra-EU import value moved -34% from 2023 to 2025, a direct read on EU demand for sourced supply.
- Supply is concentrated: one country provided a large share of extra-EU imports in 2025.
- US employment in the core industry shifted +36% since 2020.
Key figures
Each figure names the source it came from. Open the source list below to read the quoted line.
| Figure | Value | Year | Source |
|---|---|---|---|
| The EU imported €295.6 million of products under CN code 85051190 (Permanent magnets of metal and articles intended to become permanent magnets after) from outside the EU in 2025. | 295.6 EUR million | 2025 | Eurostat |
| Extra-EU imports of CN 85051190 were down 34% in 2025 compared with 2023 (€446.9 million), calculated from Eurostat values. | -34 % change | 2025 | Eurostat |
| EU exports of CN 85051190 to countries outside the EU were worth €42.2 million in 2025. | 42.2 EUR million | 2025 | Eurostat |
| Trade between EU member states in CN 85051190 (intra-EU arrivals) came to €102.4 million in 2025. | 102.4 EUR million | 2025 | Eurostat |
| China was the largest non-EU supplier of CN 85051190 to the EU in 2025, with €227.4 million, or 77% of extra-EU imports. | 227.4 EUR million | 2025 | Eurostat |
| EU exports of CN 85051190 to the United States were €13.2 million in 2025. | 13.2 EUR million | 2025 | Eurostat |
| The average value of extra-EU imports of CN 85051190 was €17.27 per kilogram in 2025, calculated from Eurostat value and weight. | 17.27 EUR per kg | 2025 | Eurostat |
| Germany was the largest EU exporter of CN 85051190 to non-EU countries in 2025, at €13.7 million. | 13.7 EUR million | 2025 | Eurostat |
| The EU had 11,554 enterprises in NACE class C2790 (Manufacture of other electrical equipment) in 2023. | 11,554 enterprises | 2023 | Eurostat |
| EU enterprises in NACE class C2790 had net turnover of €56.80 billion in 2023. | 56.80 EUR billion | 2023 | Eurostat |
| NACE class C2790 employed 265,475 people across the EU in 2023. | 265,475 persons employed | 2023 | Eurostat |
| The US had 2,362 private establishments in NAICS 335999 (All other miscellaneous electrical equipment and component manufacturing) in 2025. | 2,362 establishments | 2025 | U.S. Bureau of Labor Statistics |
| NAICS 335999 employed an average of 39,390 people in US private industry in 2025. | 39,390 jobs | 2025 | U.S. Bureau of Labor Statistics |
| US employment in NAICS 335999 changed by +36% between 2020 (29,053 jobs) and 2025, calculated from BLS figures. | +36 % change | 2025 | U.S. Bureau of Labor Statistics |
| Average annual pay in US NAICS 335999 was $104,757 in 2025. | 104,757 USD per year | 2025 | U.S. Bureau of Labor Statistics |
Sources and method
The figures on this page come from the public sources listed below. Read how we work.
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
Quoted lines
- Figure 1
DS-045409, reporter EU27_2020, product 85051190, partner EXT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 295612523
- Figure 2
DS-045409, reporter EU27_2020, product 85051190, flow import, 2023 VALUE_IN_EUROS 446862935; 2025 VALUE_IN_EUROS 295612523
- Figure 3
DS-045409, reporter EU27_2020, product 85051190, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 42170950
- Figure 4
DS-045409, reporter EU27_2020, product 85051190, partner INT_EU27_2020, flow import, 2025, VALUE_IN_EUROS 102418608
- Figure 5
DS-045409, reporter EU27_2020, product 85051190, partner CN, flow import, 2025, VALUE_IN_EUROS 227381619
- Figure 6
DS-045409, reporter EU27_2020, product 85051190, partner US, flow export, 2025, VALUE_IN_EUROS 13221979
- Figure 7
DS-045409, reporter EU27_2020, product 85051190, flow import, 2025, VALUE_IN_EUROS 295612523, QUANTITY_IN_100KG 171142
- Figure 1
- Eurostat: EU trade since 1988 by HS2-4-6 and CN8 (DS-045409) (2026-11-04)
Quoted lines
- Figure 8
DS-045409, reporter DE, product 85051190, partner EXT_EU27_2020, flow export, 2025, VALUE_IN_EUROS 13660808
- Figure 8
- Eurostat: Enterprises by detailed NACE Rev. 2 activity and special aggregates (sbs_ovw_act) (2026-11-04)
Quoted lines
- Figure 9
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs ENT_NR, 2023, 11554
- Figure 10
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs NETTUR_MEUR, 2023, 56800
- Figure 11
sbs_ovw_act, geo EU27_2020, nace_r2 C2790, indic_sbs EMP_NR, 2023, 265475
- Figure 9
- U.S. Bureau of Labor Statistics: QCEW annual averages, NAICS 335999, 2025 (2026-11-04)
Quoted lines
- Figure 12
QCEW 2025 annual, US000, private, NAICS 335999, annual_avg_estabs 2362
- Figure 13
QCEW 2025 annual, US000, private, NAICS 335999, annual_avg_emplvl 39390
- Figure 14
QCEW 2020 annual_avg_emplvl 29053; 2025 annual_avg_emplvl 39390
- Figure 15
QCEW 2025 annual, US000, private, NAICS 335999, avg_annual_pay 104757
- Figure 12
Buyers and suppliers
Who buys
- Motor manufacturers
- Sensor makers
- Electronics makers
Large non-EU suppliers to the EU
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the European Union market - 03Market size, 2021 to 2025
Historical series and growth rates - 04Outlook to 2031
Base, low and high scenarios with stated assumptions - 05Rules, policy and deadlines
Regulation and programmes that change demand - 06Drivers and barriers
What accelerates or slows adoption, by customer segment - 07Prices, costs and margins
Unit economics where public data allows - 08Competitive landscape
8 to 12 company profiles with recent moves - 09Opportunities and risks
For new entrants, suppliers and investors - 10Method and sources
Every assumption and source, listed
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
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Frequently asked questions
How big is the EU bonded magnet market?
There is no single official market total. Eurostat trade data shows the EU imported €295.6 million of goods under CN 85051190 from outside the EU in 2025 and exported €42.2 million.
Where does the EU import bonded magnet from?
China was the largest non-EU supplier in 2025. Other large suppliers included United States, Switzerland, United Kingdom.
What is the average import price of bonded magnet in the EU?
Dividing Eurostat import value by weight gives about €17.27 per kilogram for CN 85051190 in 2025.
Which EU countries export the most bonded magnet?
Germany led EU exports to non-EU countries in 2025, followed by Netherlands, Italy.
How many US companies are in the bonded magnet industry?
BLS counts 2,362 private establishments in NAICS 335999 (All other miscellaneous electrical equipment and component manufacturing), the closest official industry.
How many EU companies are in the bonded magnet industry?
Eurostat counts 11,554 enterprises in NACE class C2790 (Manufacture of other electrical equipment).
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