Europe: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Europe

The Europe electronic material tester market rose significantly to $X in 2023, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Electronic Material Tester Production in Europe

In value terms, electronic material tester production dropped slightly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a mild reduction. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Electronic Material Tester Exports

Exports in Europe

In 2023, shipments abroad of electronic machines and appliances for testing materials decreased by X% to X units, falling for the second consecutive year after five years of growth. In general, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, electronic material tester exports rose notably to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2023, the UK (X units), distantly followed by Italy (X units) and Germany (X units) were the largest exporters of electronic machines and appliances for testing materials, together constituting X% of total exports. Switzerland (X units), France (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Germany ($X), the UK ($X) and Italy ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Switzerland, France and Spain lagged somewhat behind, together comprising a further X%.

Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Europe amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2023, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the other leaders experienced more modest paces of growth.

Electronic Material Tester Imports

Imports in Europe

In 2023, supplies from abroad of electronic machines and appliances for testing materials increased by X% to X units, rising for the sixth consecutive year after three years of decline. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are likely to continue growth in years to come.

In value terms, electronic material tester imports surged to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, the UK (X units), France (X units), Germany (X units), Russia (X units), Spain (X units), Poland (X units), Italy (X units), Romania (X units), Sweden (X units), Switzerland (X units), Norway (X units) and the Czech Republic (X units) was the key importer of electronic machines and appliances for testing materials in Europe, mixing up X% of total import.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electronic material tester importing markets in Europe were Germany ($X), France ($X) and the UK ($X), with a combined X% share of total imports. Italy, Sweden, Poland, Russia, Spain, Switzerland, Romania, Norway and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Europe amounted to $X per unit, stabilizing at the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform