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World - Electronic Machines and Appliances for Testing Metals - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Electronic Metal Tester Market 2024
Electronic Metal Tester Market Size
In 2023, the global electronic metal tester market increased by X% to $X, rising for the second year in a row after five years of decline. In general, consumption continues to indicate significant growth. Global consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.
Electronic Metal Tester Production
In value terms, electronic metal tester production shrank to $X in 2023 estimated in export price. Overall, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Global production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.
Electronic Metal Tester Exports
Exports
For the seventh year in a row, the global market recorded growth in shipments abroad of electronic machines and appliances for testing metals, which increased by X% to X units in 2023. Over the period under review, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electronic metal tester exports totaled $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The global exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
In 2023, China (X units) represented the key exporter of electronic machines and appliances for testing metals, comprising X% of total exports. The United States (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (X%) and the UK (X%). Canada (X units), Israel (X units), Germany (X units), Hong Kong SAR (X units) and India (X units) followed a long way behind the leaders.
Exports from China increased at an average annual rate of X% from 2012 to 2023. At the same time, the United States (X%), Singapore (X%), India (X%), Israel (X%), Canada (X%), Hong Kong SAR (X%) and the UK (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Germany (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States and Singapore increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest electronic metal tester supplying countries worldwide were Germany ($X), the United States ($X) and China ($X), with a combined X% share of global exports. The UK, Canada, Israel, Hong Kong SAR, India and Singapore lagged somewhat behind, together accounting for a further X%.
Israel, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices by Country
The average electronic metal tester export price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the average export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Singapore ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other global leaders experienced a decline in the export price figures.
Electronic Metal Tester Imports
Imports
In 2023, after three years of growth, there was decline in purchases abroad of electronic machines and appliances for testing metals, when their volume decreased by X% to X units. Overall, imports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, global imports hit record highs at X units in 2022, and then reduced in the following year.
In value terms, electronic metal tester imports reached $X in 2023. Over the period under review, imports recorded a mild decrease. Over the period under review, global imports reached the peak figure at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.
Imports by Country
The United States represented the largest importer of electronic machines and appliances for testing metals in the world, with the volume of imports finishing at X units, which was approx. X% of total imports in 2023. It was distantly followed by China (X units), achieving an X% share of total imports. South Korea (X units), India (X units), Malaysia (X units), Russia (X units), Turkey (X units), Singapore (X units), Egypt (X units), Japan (X units) and the UK (X units) followed a long way behind the leaders.
Imports into the United States increased at an average annual rate of X% from 2012 to 2023. At the same time, South Korea (X%), Russia (X%), India (X%), Japan (X%), Singapore (X%), the UK (X%), Turkey (X%) and China (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. By contrast, Malaysia (X%) and Egypt (X%) illustrated a downward trend over the same period. The United States (X p.p.), South Korea (X p.p.), India (X p.p.) and Russia (X p.p.) significantly strengthened its position in terms of the global imports, while China, Egypt and Malaysia saw its share reduced by X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest electronic metal tester importing markets worldwide were China ($X), the United States ($X) and South Korea ($X), with a combined X% share of global imports. India, Turkey, the UK, Russia, Malaysia, Singapore, Japan and Egypt lagged somewhat behind, together comprising a further X%.
In terms of the main importing countries, India, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average electronic metal tester import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while the United States ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the global electronic metal tester market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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