Australia - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Australia - Electronic Machines And Appliances For Testing Metals - Market Analysis, Forecast, Size, Trends And Insights

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Electronic Metal Tester Price in Australia - 2023

Contents:

  1. Electronic Metal Tester Price in Australia (CIF) - 2022
  2. Electronic Metal Tester Price in Australia (FOB) - 2022
  3. Electronic Metal Tester Imports in Australia
  4. Electronic Metal Tester Exports in Australia

Electronic Metal Tester Price in Australia (CIF) - 2022

In April 2022, the average electronic metal tester import price amounted to $37,607 per unit, approximately equating the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 67% m-o-m. As a result, import price reached the peak level of $62,822 per unit. From June 2021 to April 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In April 2022, the countries with the highest prices were France ($37,607 per unit) and Israel ($37,607 per unit), while the price for Germany ($37,607 per unit) and the United States ($37,607 per unit) were amongst the lowest.

From April 2021 to April 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Electronic Metal Tester Price in Australia (FOB) - 2022

In 2022, the average electronic metal tester export price amounted to $36,974 per unit, waning by -25.4% against the previous year. Over the period under review, the export price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. Over the period under review, the average export prices reached the peak figure at $49,546 per unit in 2021, and then contracted sharply in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Mexico ($36,961 per unit) and the UK ($36,961 per unit), while the average price for exports to Japan ($36,961 per unit) and Poland ($36,961 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Metal Tester Imports in Australia

In 2022, imports of electronic machines and appliances for testing metals into Australia skyrocketed to 385 units, picking up by 93% against the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 106%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electronic metal tester imports surged to $5.7M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Electronic Metal Tester in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,2271,1041,1561,76712.9%
United States1,5247228291,455-1.5%
Germany27424556385846.3%
China31624464352418.4%
Canada19170.514.241429.4%
Japan15572.351.9140-3.3%
Denmark22010296.0120-18.3%
France15176.72645.9-66.1%
Others5965141,047370-14.7%
Total4,6533,1514,6665,6546.7%

Top Suppliers of Electronic Metal Tester to Australia in 2022:

  1. United Kingdom (130.0 units)
  2. United States (106.0 units)
  3. Germany (64.0 units)
  4. China (33.0 units)
  5. Canada (11.0 units)
  6. Japan (10.0 units)
  7. Denmark (9.0 units)

Electronic Metal Tester Exports in Australia

In 2022, shipments abroad of electronic machines and appliances for testing metals was finally on the rise to reach 197 units after two years of decline. Overall, exports continue to indicate a resilient expansion. 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 soared to $7.3M in 2022. Over the period under review, exports enjoyed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electronic Metal Tester in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,1179381,9513,44945.6%
Brazil5.0N/A3.3610396.0%
Singapore37995.132.64667.1%
South Africa2511066.841718.4%
Poland257N/AN/A38314.2%
New Zealand12420321534340.4%
Netherlands546N/A0.6283-19.7%
United Kingdom28317275.0219-8.2%
Mexico1183471981446.9%
Germany62.55.71.913529.3%
Japan12619681.3110-4.4%
Canada22726916366.4-33.6%
Czech Republic565N/AN/AN/A0%
Others1,108906597643-16.6%
Total5,1713,2393,3267,27012.0%

Top Export Markets for Electronic Metal Tester from Australia in 2022:

  1. United States (93.0 units)
  2. Brazil (17.0 units)
  3. Singapore (13.0 units)
  4. South Africa (11.0 units)
  5. Poland (10.0 units)
  6. New Zealand (9.0 units)
  7. Netherlands (8.0 units)
  8. United Kingdom (6.0 units)
  9. Mexico (4.0 units)
  10. Germany (4.0 units)
  11. Japan (3.0 units)
  12. Canada (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electronic metal tester market in Australia. 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:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 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. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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