Europe: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in Europe

The Europe electronic metal tester market expanded remarkably to $X.8B in 2022, surging by X% against the previous year. In general, consumption recorded a remarkable increase. Over the period under review, the market reached the maximum level at $X.6B in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Electronic Metal Tester Production in Europe

In value terms, electronic metal tester production reached $X.5B in 2022 estimated in export price. Over the period under review, production showed a strong increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X.3B in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Electronic Metal Tester Exports

Exports in Europe

Electronic metal tester exports reduced to X units in 2022, falling by X% on 2021 figures. In general, exports recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, electronic metal tester exports fell to $X in 2022. Over the period under review, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Germany (X units) represented the key exporter of electronic machines and appliances for testing metals, making up X% of total exports. Switzerland (X units) took the second position in the ranking, followed by the UK (X units), Spain (X units), Italy (X units) and the Netherlands (X units). All these countries together took approx. X% share of total exports. The following exporters - the Czech Republic (X units) and Austria (X units) - together made up X% of total exports.

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

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

In Germany, electronic metal tester exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (X% per year) and the Netherlands (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, stabilizing at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: 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 Europe

In 2022, the amount of electronic machines and appliances for testing metals imported in Europe reached X units, with an increase of X% on the year before. Total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, electronic metal tester imports fell notably to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of electronic metal tester imports in 2022 were Switzerland (X units), Norway (X units), Russia (X units), Ireland (X units), Germany (X units), the UK (X units), France (X units), Italy (X units), the Netherlands (X units), Spain (X units), Ukraine (X units) and Sweden (X units), together accounting for X% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Ireland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Russia ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, the Netherlands, Italy, Switzerland, Spain, Ireland, Sweden, Ukraine and Norway lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Ireland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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