Northern America: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Northern America

The North American electronic material tester market reduced to $X.2B in 2022, falling by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X.2B. From 2019 to 2022, the growth of the market failed to regain momentum.

Electronic Material Tester Production in Northern America

In value terms, electronic material tester production contracted to $X.5B in 2022 estimated in export price. The total output value 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 in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X.7B. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Electronic Material Tester Exports

Exports in Northern America

In 2022, the amount of electronic machines and appliances for testing materials exported in Northern America soared to X units, growing by X% on the previous year. Overall, exports posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, electronic material tester exports amounted to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of electronic machines and appliances for testing materials, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the electronic machines and appliances for testing materials exports, with a CAGR of X% from 2012 to 2022. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest electronic material tester supplier in Northern America.

In the United States, electronic material tester exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, waning by X% against the previous year. In general, the export price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Electronic Material Tester Imports

Imports in Northern America

For the third year in a row, Northern America recorded growth in overseas purchases of electronic machines and appliances for testing materials, which increased by X% to X units in 2022. Overall, imports showed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, electronic material tester imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Canada (X units), achieving a X% share of total imports.

The United States was also the fastest-growing in terms of the electronic machines and appliances for testing materials imports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported electronic machines and appliances for testing materials in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price recorded a deep contraction. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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