The Comprehensive Guide to Neodymium Magnets Price

Neodymium magnets, often referred to as “neo” magnets, have taken the world by storm with their remarkable strength and versatility. These powerful magnets are employed in various applications, from industrial machinery to consumer electronics. If you’re in the market for neodymium magnets, understanding their pricing is essential to make informed decisions. In this comprehensive guide, we’ll delve into the factors influencing neodymium magnets’ price and provide valuable insights into purchasing these incredible magnetic wonders.

Unraveling the Neodymium Magnet

Before we explore neodymium magnets pricing, let’s gain a deeper understanding of neodymium magnets. These magnets are part of the rare-earth magnet family, characterized by their exceptional magnetic properties. They are composed of neodymium (Nd), iron (Fe), and boron (B), which gives them their chemical formula Nd2Fe14B. Neodymium magnets are known for being incredibly strong for their size, and they come in various shapes and sizes to cater to diverse applications.

Factors Influencing Neodymium Magnets Price

  • Magnet Grade

Neodymium magnets come in various grades, each denoted by a letter and number, such as N35, N42, or N52. These grades represent the magnetic properties of the magnets, with higher grades indicating stronger magnetic strength. The most common grades include:

  • N35 Grade:This is an entry-level grade, offering good magnetic strength for basic applications. It is often the most affordable option.
  • N42 Grade: A mid-range grade with a balance of strength and cost-effectiveness. It suits various common applications.
  • N52 Grade:The highest grade available, offering exceptional magnetic strength. It is used in demanding applications where powerful magnets are essential.

If you are looking for the above three grades of neodymium magnets, Hawell, as a reliable neodymium magnet manufacturer, can provide you with a variety of neodymium magnets, contact us immediately!

  • Magnet Shape and Size

The shape and size of the magnet affect its price. Custom shapes or larger sizes often result in higher costs due to the increased material and manufacturing processes.

  • Coating and Plating

Neodymium magnets are susceptible to corrosion, so they are often coated with materials like nickel, copper, or epoxy. The type and thickness of the coating can influence the price.

Hawell’s in-house electroplating facility allows for the customization of a wide range of coatings while adhering to environmental protection standards.

Different Types of Coating for Neodymium Magnets
  • Tolerance and Magnetism

Tighter manufacturing tolerances and specific magnetic characteristics can increase the price. Specialized neodymium magnets may be needed for specific applications, and these can be pricier.

  • Supplier and Quality

The reputation and quality of the supplier play a crucial role in pricing. Reliable suppliers that adhere to high manufacturing standards may offer magnets at a premium.

The price of Neodymium magnets also depends on the raw material cost, dimension, grade, quantity, and lead time.

Neodymium Magnet Pricing Ranges

Neodymium magnet prices can vary widely, but here is a general price range to provide a rough idea:

  • Small neodymium magnets (e.g., 3mm x 3mm) can cost as little as $0.10 per piece.
  • Medium-sized neodymium magnets (e.g., 10mm x 5mm) usually range from $1 to $5 per piece.
  • Large or specialized neodymium magnets can cost anywhere from $10 to $50 or more per piece.

The price of Neodymium magnets depends on the raw material cost, dimension, grade and quantity. But Hawell Magnetics (Ningbo) guarantee to quote the most competitive price with outstanding quality. Please don’t hesitate to contact us for the latest valid price. We would always be glad to hear from you.

Where to Buy Neodymium Magnets

When looking to purchase neodymium magnets, you have several options:

  1. Online Retailers or Online Search Engines:Websites like Amazon, eBay, and dedicated magnet suppliers offer a wide selection of neodymium magnets.

Search for “Neodymium Magnets” on Google, Baidu, and other search engines to find the websites and contact details of Neodymium Magnets.

2. Local Hardware Stores: Some hardware or craft stores may stock basic neodymium magnets.

3. Wholesale Suppliers: For bulk orders, you can contact wholesale suppliers directly, which might offer discounts for larger quantities.

4. Specialized Manufacturers:Certain applications may require custom-made neodymium magnets from specialized manufacturers.

Hawell Magnetics is a professional manufacturer and supplier of sintered NdFeB magnetic materials integrating R&D, production, and sales. It has more than 10 years of industry experience and has 4 of its own production bases. High-quality products and high-quality services enable it to serve more than 200 countries and regions. Provide you with a one-stop solution for high-performance magnets.


Neodymium magnets, with their unparalleled strength and versatility, come at varying price points. Understanding the influencing factors and price ranges can help you make informed choices when acquiring these remarkable magnets. Whether you’re an engineer, a DIY enthusiast, or a researcher, knowing how to navigate the neodymium magnets price landscape is a valuable skill that ensures you get the best magnets for your specific needs.

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