U.S.: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in the U.S.

In 2021, after three years of decline, there was significant growth in the U.S. electronic material tester market, when its value increased by 18% to $X. Overall, consumption enjoyed a modest expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in the immediate term.

Electronic Material Tester Production in the U.S.

In value terms, electronic material tester production soared to $X in 2021. Overall, production, however, recorded a slight decline. The growth pace was the most rapid in 2017 with an increase of 85%. Electronic material tester production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Electronic Material Tester Exports

Exports from the U.S.

Electronic material tester exports from the United States was estimated at X units in 2021, growing by 7.2% against the year before. Over the period under review, exports, however, continue to indicate a pronounced decrease. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, electronic material tester exports amounted to $X in 2021. Overall, exports, however, recorded a slight descent. The pace of growth was the most pronounced in 2017 when exports increased by 13%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for electronic material tester exports from the United States, accounting for a 48% share of total exports. Moreover, electronic material tester exports to China exceeded the volume sent to the second major destination, Mexico (X units), sevenfold. The third position in this ranking was taken by Taiwan (Chinese) (X units), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+3.6% per year) and Taiwan (Chinese) (+6.3% per year).

In value terms, China ($X) remains the key foreign market for electronic machines and appliances for testing materials exports from the United States, comprising 32% of total exports. The second position in the ranking was taken by Germany ($X), with a 7% share of total exports. It was followed by South Korea, with a 6.3% share.

From 2012 to 2021, the average annual growth rate of value to China amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-2.4% per year) and South Korea (+0.2% per year).

Export Prices by Country

In 2021, the average electronic material tester export price amounted to $X per unit, declining by -5.6% against the previous year. Over the last nine years, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2020 when the average export price increased by 41%. As a result, the export price attained the peak level of $X per unit, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Vietnam ($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 Germany (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Electronic Material Tester Imports

Imports into the U.S.

In 2021, overseas purchases of electronic machines and appliances for testing materials decreased by -4.1% to X units, falling for the third consecutive year after three years of growth. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 23%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, electronic material tester imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), Germany (X units) and Canada (X units) were the main suppliers of electronic material tester imports to the United States, together comprising 50% of total imports. These countries were followed by Sweden, China, Switzerland, Italy, Japan, Israel, France, Taiwan (Chinese), Denmark and Finland, which together accounted for a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +9.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and Sweden ($X) constituted the largest electronic material tester suppliers to the United States, together accounting for 53% of total imports. These countries were followed by Canada, Italy, China, Japan, Switzerland, France, Israel, Denmark, Taiwan (Chinese) and Finland, which together accounted for a further 38%.

Denmark, with a CAGR of +13.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electronic material tester import price stood at $X per unit in 2021, increasing by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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