Electronic Metal Tester Market

Electronic metal tester market: get access to the most recent info empowered by an Ai-driven market intelligence tool. Data contain exports, imports, companies, consumption, production, market prices, trade, and market size. There is a breakdown by region, including the U.K., China, the Middle East, Africa, EU, Russia, Latin America, and the U.S. Market dynamics and forecast to 2030 are also provided in the dashboards.

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Electronic Metal Tester - World's Largest Markets

Rating	Country
1	Germany
2	Taiwan (Chinese)
3	Italy
4	Canada
5	Czech Republic

In value terms, Germany, Taiwan (Chinese) and Italy appeared to be the countries with the highest levels of market value in 2020, together accounting for 46% of the global market. Canada, the Czech Republic, China, Singapore, India, the UK, Nigeria, Morocco and Romania lagged somewhat behind, together accounting for a further 17%.

Nigeria (+206.3% per year) saw the highest growth rate of market size, among the main consuming countries over the period under review, while electronic metal tester market for the other global leaders experienced more modest paces of growth.

Electronic Metal Tester Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
China	479	381	256	-26.9%
United Kingdom	2173	1337	1217	-25.1%
Hong Kong SAR	1955	1254	1276	-19.2%
United States	144003	2214	1657	-89.3%
Germany	2664	1888	1741	-19.2%
Japan	6170	5073	3687	-22.7%
Average	2761	1770	1452	-27.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($3,687 per unit), while China ($256 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
South Korea	5252	5121	5293	0.4%
Germany	3465	3619	4450	13.3%
United States	3745	3524	3391	-4.8%
China	2809	3582	3324	8.8%
Singapore	1308	2902	1920	21.2%
Taiwan (Chinese)	1333	2118	1586	9.1%
Nigeria	766	841	1014	15.1%
Italy	1380	983	855	-21.3%
Canada	758	663	517	-17.4%
Romania	153	272	400	61.5%
South Africa	3741	3520	299	-71.7%
Morocco	106	81	74	-16.6%
Gambia	n/a	n/a	2	0.0%
Average	2026	2218	1868	-4.0%

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($5,293 per unit), while Gambia ($1.9 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Romania (+61.5% per year), while the other global leaders experienced more modest paces of growth.

Electronic Metal Tester - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
China	152	153	143	-3.0%
United States	50	52	48	-2.0%
South Korea	38	32	37	-1.3%
Germany	47	45	25	-26.8%
Taiwan (Chinese)	18	16	13	-14.0%

In value terms, China ($143M) constitutes the largest market for imported electronic machines and appliances for testing metals worldwide, comprising 27% of global imports. The second position in the ranking was occupied by the United States ($48M), with a 8.9% share of global imports. It was followed by South Korea, with a 6.8% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China totaled -3.0%. The remaining importing countries recorded the following average annual rates of imports growth: the United States (-2.0% per year) and South Korea (-1.3% per year).

Electronic Metal Tester - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Germany	193	164	141	-14.6%
United States	130	127	111	-7.8%
China	49	52	44	-4.7%
Japan	53	48	38	-15.8%
United Kingdom	46	40	33	-14.7%

In value terms, the largest electronic metal tester supplying countries worldwide were Germany ($141M), the United States ($111M) and China ($44M), with a combined 50% share of global exports.

In terms of the main exporting countries, China saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced a decline in the exports figures.

Electronic Metal Tester - Market Forecast

Driven by rising demand for electronic metal tester worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.