Thailand: Electronic Metal Tester Market 2025

Electronic Metal Tester Market Size in Thailand

The Thai electronic metal tester market contracted to $X in 2021, with a decrease of -6.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Electronic Metal Tester Exports

Exports from Thailand

In 2021, shipments abroad of electronic machines and appliances for testing metals increased by 26% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 230% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, electronic metal tester exports contracted dramatically to $X in 2021. Overall, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 when exports increased by 90%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X units), the UK (X units) and Japan (X units) were the main destinations of electronic metal tester exports from Thailand, together comprising 65% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +54.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and Italy ($X) were the largest markets for electronic metal tester exported from Thailand worldwide, with a combined 73% share of total exports. These countries were followed by the United States, the UK, the Philippines, China and Singapore, which together accounted for a further 16%.

The UK, with a CAGR of +51.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electronic metal tester export price stood at $X per unit in 2021, shrinking by -45.6% against the previous year. Over the period under review, the export price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2013 an increase of 655% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Malaysia ($X per unit), while the average price for exports to the Philippines ($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 Singapore (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Metal Tester Imports

Imports into Thailand

In 2021, the amount of electronic machines and appliances for testing metals imported into Thailand dropped to X units, falling by -12.9% compared with the previous year. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by 33%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic metal tester imports expanded remarkably to $X in 2021. Overall, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of electronic metal tester to Thailand, accounting for a 45% share of total imports. Moreover, electronic metal tester imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-14.4% per year) and Taiwan (Chinese) (-15.2% per year).

In value terms, Japan ($X), China ($X) and Germany ($X) were the largest electronic metal tester suppliers to Thailand, with a combined 70% share of total imports. India, the United States, the UK, Taiwan (Chinese), Malaysia, Italy and Israel lagged somewhat behind, together accounting for a further 25%.

In terms of the main suppliers, India, with a CAGR of +36.0%, saw the highest growth rate of 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

The average electronic metal tester import price stood at $X per unit in 2021, jumping by 23% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see gradual growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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