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

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

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Electronic Metal Tester Price in China - 2023

Contents:

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

Electronic Metal Tester Price in China (CIF) - 2022

In 2022, the average electronic metal tester import price amounted to $6,247 per unit, reducing by -69.3% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of 6%. Over the period under review, average import prices hit record highs at $31,183 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($30,809 per unit), while the price for Switzerland ($8,433 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced a decline.

Electronic Metal Tester Price in China (FOB) - 2022

In 2022, the average electronic metal tester export price amounted to $8,167 per unit, with a decrease of -45.5% against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2013 when the average export price increased by 18%. As a result, the export price attained the peak level of $36,814 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($69,572 per unit), while the average price for exports to the United Arab Emirates ($1,295 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+7.7%), while the prices for the other major destinations experienced a decline.

Electronic Metal Tester Imports in China

In 2022, the amount of electronic machines and appliances for testing metals imported into China skyrocketed to 16K units, surging by 192% against the previous year's figure. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electronic metal tester imports contracted to $98M in 2022. Overall, imports, however, recorded a deep contraction. The smallest decline of -7.3% was in 2020. Over the period under review, imports reached the peak figure at $153M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electronic Metal Tester in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States55.438.229.426.5-21.8%
Germany36.342.425.317.6-21.4%
Japan20.916.016.713.8-12.9%
United Kingdom15.015.811.49.4-14.4%
Austria5.13.65.16.810.1%
Switzerland3.24.32.76.224.7%
Netherlands3.33.04.34.611.7%
Others14.318.913.812.5-4.4%
Total15314210997.5-13.9%

Top Suppliers of Electronic Metal Tester to China in 2022:

  1. United States (0.9K units)
  2. United Kingdom (0.9K units)
  3. Germany (0.7K units)
  4. Switzerland (0.7K units)
  5. Japan (0.5K units)
  6. Netherlands (0.3K units)
  7. Austria (0.3K units)

Electronic Metal Tester Exports in China

Electronic metal tester exports from China soared to 7.2K units in 2022, jumping by 68% against the previous year. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 88%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, electronic metal tester exports reduced to $59M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 45%. As a result, the exports reached the peak of $64M, and then dropped in the following year.

Export of Electronic Metal Tester in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.16.06.36.47.9%
Russia2.52.51.54.319.8%
Vietnam3.63.14.04.14.4%
Japan6.53.213.23.5-18.6%
Netherlands3.72.23.23.3-3.7%
Singapore1.51.00.92.823.1%
India2.41.92.92.74.0%
Germany1.61.42.32.414.5%
Indonesia2.00.81.61.6-7.2%
Thailand1.61.72.01.5-2.1%
Turkey0.81.11.21.317.6%
Iran0.10.10.10.9108.0%
United Arab Emirates0.40.30.60.3-9.1%
Others20.619.124.023.54.5%
Total52.344.264.058.63.9%

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

  1. Russia (286.0 units)
  2. United Arab Emirates (270.0 units)
  3. Vietnam (210.0 units)
  4. Netherlands (184.0 units)
  5. India (170.0 units)
  6. Germany (145.0 units)
  7. Japan (111.0 units)
  8. United States (92.0 units)
  9. Indonesia (91.0 units)
  10. Singapore (90.0 units)
  11. Thailand (85.0 units)
  12. Turkey (82.0 units)
  13. Iran (72.0 units)

Source: IndexBox Market Intelligence Platform

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

Data coverage:

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