South-Eastern Asia: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in South-Eastern Asia

The Southeast Asian electronic metal tester market reached $X.1B in 2022, flattening at the previous year. Overall, consumption posted a buoyant expansion. Over the period under review, the market attained the maximum level at $X.1B in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Electronic Metal Tester Production in South-Eastern Asia

In value terms, electronic metal tester production stood at $X.3B in 2022 estimated in export price. Over the period under review, production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X.1B in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Electronic Metal Tester Exports

Exports in South-Eastern Asia

In 2022, the amount of electronic machines and appliances for testing metals exported in South-Eastern Asia declined sharply to X units, reducing by X% on the previous year. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, electronic metal tester exports fell dramatically to $X in 2022. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Malaysia prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by Singapore (X%).

Malaysia was also the fastest-growing in terms of the electronic machines and appliances for testing metals exports, with a CAGR of X% from 2012 to 2022. Singapore (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Malaysia increased by X percentage points.

In value terms, Malaysia ($X) remains the largest electronic metal tester supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Malaysia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, recorded temperate growth. The growth pace was the most rapid in 2018 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Singapore ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Electronic Metal Tester Imports

Imports in South-Eastern Asia

Electronic metal tester imports reduced rapidly to X units in 2022, shrinking by X% compared with the year before. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, electronic metal tester imports rose markedly to $X in 2022. In general, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units) and the Philippines (X units) represented roughly X% of total imports in 2022. It was distantly followed by Indonesia (X units), mixing up a X% share of total imports. Malaysia (X units), Singapore (X units) and Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest electronic metal tester importing markets in South-Eastern Asia were Singapore ($X), Thailand ($X) and Vietnam ($X), together comprising X% of total imports.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with an increase of X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a 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 Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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