EU: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in the EU

The EU electronic metal tester market expanded sharply to $X.6B in 2022, surging by X% against the previous year. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market attained the maximum level at $X.3B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Electronic Metal Tester Production in the EU

In value terms, electronic metal tester production expanded remarkably to $X.8B in 2022 estimated in export price. Overall, production saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X.5B in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Electronic Metal Tester Exports

Exports in the EU

In 2022, electronic metal tester exports in the European Union shrank to X units, with a decrease of X% compared with the previous year. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, electronic metal tester exports shrank to $X in 2022. Overall, exports recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Germany was the major exporter of electronic machines and appliances for testing metals in the European Union, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Spain (X units), Italy (X units), the Netherlands (X units) and the Czech Republic (X units), together constituting a X% share of total exports. The following exporters - Austria (X units) and France (X units) - each accounted for an X% share of total exports.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Spain (X%), the Netherlands (X%) and France (X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Italy and Austria experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%) illustrated a downward trend over the same period. Spain (X p.p.), the Netherlands (X p.p.), Italy (X p.p.) and France (X p.p.) significantly strengthened its position in terms of the total exports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electronic metal tester supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Austria (X% per year).

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Electronic Metal Tester Imports

Imports in the EU

In 2022, supplies from abroad of electronic machines and appliances for testing metals decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, electronic metal tester imports fell remarkably to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Ireland (X units) and Germany (X units) represented roughly X% of total imports in 2022. France (X units) took the next position in the ranking, followed by Italy (X units), the Netherlands (X units) and Spain (X units). All these countries together held near X% share of total imports. Sweden (X units), Poland (X units), the Czech Republic (X units), Belgium (X units), Romania (X units), Denmark (X units) and Portugal (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported electronic machines and appliances for testing metals in the European Union, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany stood at X%. In the other countries, the average annual rates were as follows: France (X% per year) and the Netherlands (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price continues to indicate a noticeable slump. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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