It is generally acknowledged that a hanging cantilevered pipe conveying fluid becomes unstable by flutter-type instability at a critical flow velocity; moreover, the pipe undergoes periodic self-excited oscillations in the post-flutter region. Additionally, the critical flow velocity increases when the magnetized pipe is exposed to an actuating parallel magnetic field. The question arises as to whether the actuating magnetic field leads to lessening the oscillation amplitude of the system in the post-flutter region. The nonlinear responses of a fluid-conveying cantilevered hard magnetic soft pipe with uniform and nonuniform magnetizations under an actuating parallel magnetic field are examined to answer the question. In the case of nonuniform magnetization, the pipe’s mass density and elastic modulus in addition to its residual magnetic flux density, vary along its length. The mathematical formulation is constructed via a nonlinear geometrically exact model and is solved by employing the Galerkin technique in conjunction with the Runge-Kutta finite difference scheme. The numerical results are then analyzed to reveal the role of magnetization in the system's magneto-hydro-elastic responses in the magnetic field's absence and presence.