Australia: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Australia

The Australian electronic material tester market contracted modestly to $X in 2021, dropping by -3.1% against the previous year. Overall, consumption, however, saw a mild slump. Electronic material tester consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Electronic Material Tester Production in Australia

In value terms, electronic material tester production declined markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 637%. Over the period under review, production attained the maximum level at $X in 2020, and then dropped sharply in the following year.

Electronic Material Tester Exports

Exports from Australia

In 2021, exports of electronic machines and appliances for testing materials from Australia surged to X units, increasing by 85% against the previous year's figure. In general, exports, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2014 with an increase of 143% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic material tester exports surged to $X in 2021. Over the period under review, exports continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2014 with an increase of 59% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

New Zealand (X units) was the main destination for electronic material tester exports from Australia, accounting for a 63% share of total exports. Moreover, electronic material tester exports to New Zealand exceeded the volume sent to the second major destination, China (X units), eightfold. The third position in this ranking was held by Thailand (X units), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand totaled +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+13.2% per year) and Thailand (+48.4% per year).

In value terms, New Zealand ($X) remains the key foreign market for electronic machines and appliances for testing materials exports from Australia, comprising 63% of total exports. The second position in the ranking was taken by China ($X), with an 8.2% share of total exports. It was followed by Thailand, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand amounted to +39.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+9.4% per year) and Thailand (+59.7% per year).

Export Prices by Country

In 2021, the average electronic material tester export price amounted to $X per unit, reducing by -14.7% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 41% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+49.3%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into Australia

In 2021, overseas purchases of electronic machines and appliances for testing materials were finally on the rise to reach X units for the first time since 2012, thus ending a eight-year declining trend. Overall, imports, however, saw a deep contraction. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic material tester imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 53%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest electronic material tester supplier to Australia, accounting for a 39% share of total imports. Moreover, electronic material tester imports from the United States exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. Italy (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.4% per year) and Italy (-12.7% per year).

In value terms, the United States ($X) constituted the largest supplier of electronic machines and appliances for testing materials to Australia, comprising 38% of total imports. The second position in the ranking was taken by the UK ($X), with a 15% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-1.6% per year) and Italy (+5.3% per year).

Import Prices by Country

The average electronic material tester import price stood at $X per unit in 2021, shrinking by -29.3% against the previous year. Over the period under review, the import price, however, enjoyed strong growth. The growth pace was the most rapid in 2018 when the average import price increased by 84% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then fell rapidly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Switzerland ($X per unit) and India ($X per unit), while the price for Italy ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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