# Industrial Or Laboratory Electric buyer markets and demand...

China is the largest reported buyer market in this view, with imports of $316.3M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $316.3M | -7.8% | 45 | Germany |
| USA | $304.6M | +11.8% | 49 | Germany |
| Russia | $144.7M | +13.6% | 23 | Italy |
| Germany | $104.2M | +15.7% | 57 | Austria |
| Republic of Korea | $103.3M | +9.5% | 37 | China |
| Mexico | $82.1M | +3.2% | 95 | China |
| France | $79.7M | +6.2% | 42 | Italy |
| India | $76.9M | +14.7% | 38 | China |
| Taiwan | $71.8M | -0.8% | 28 | China |
| Viet Nam | $68.2M | +4.3% | 30 | China |
| Indonesia | $68.0M | +23.5% | 30 | China |
| Thailand | $61.5M | +8.9% | 34 | China |
| United Kingdom | $55.9M | +16.2% | 53 | Italy |
| Canada | $53.8M | +20.5% | 35 | Republic of Korea |
| Poland | $50.4M | +16.3% | 31 | Germany |
| Turkey | $48.8M | +17.6% | 38 | Germany |
| Malaysia | $39.6M | +2.4% | 30 | China |
| Switzerland, Liechtenstein | $39.5M | -3% | 31 | Germany |
| Spain | $38.6M | -1.6% | 38 | Italy |
| Austria | $36.2M | +4% | 28 | Germany |
| Italy | $35.3M | +1.4% | 37 | Germany |
| Japan | $35.2M | +2.9% | 26 | China |
| Hungary | $31.2M | +8.9% | 26 | Republic of Korea |
| Denmark | $29.1M | +39% | 22 | Germany |
| Ukraine | $25.3M | +11.5% | 27 | Italy |
| Brazil | $24.8M | +0.8% | 30 | Germany |
| Netherlands | $23.1M | -0.1% | 41 | Germany |
| Singapore | $22.8M | +8.2% | 36 | Republic of Korea |
| Romania | $21.7M | +8% | 34 | Italy |
| Philippines | $21.6M | -2.2% | 31 | Japan |
| Sweden | $20.1M | -3.9% | 25 | Germany |
| Czechia | $19.9M | +0.1% | 28 | Germany |
| Australia | $19.2M | +16.7% | 28 | Italy |
| China, Hong Kong Special Administrative Region | $17.2M | +15.3% | 25 | China |
| Saudi Arabia | $16.0M | +14.5% | 33 | Italy |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $252.7M | $26,507.74 |
| USA | 2023 | $190.2M | $29,680.45 |
| Republic of Korea | 2023 | $162.2M | $18,661.46 |
| Russia | 2023 | $113.9M | $20,950.04 |
| Germany | 2023 | $113.8M | $30,387.21 |
| France | 2023 | $100.4M | $22,882.12 |
| Mexico | 2023 | $78.2M | $22,956.17 |
| Poland | 2023 | $59.3M | $24,983.65 |
| Viet Nam | 2023 | $58.4M | $34,666.57 |
| Canada | 2023 | $53.0M | $22,747.96 |
| India | 2023 | $51.0M | $25,048.92 |
| Other Asia, nes | 2023 | $47.7M | $26,781.86 |
| Turkey | 2023 | $43.1M | $15,911.35 |
| Japan | 2023 | $42.4M | $28,004.7 |
| United Kingdom | 2023 | $42.1M | $28,991.1 |
| Thailand | 2023 | $42.0M | $20,132.25 |
| Switzerland, Liechtenstein | 2023 | $38.6M | $33,701.58 |
| Hungary | 2023 | $36.0M | $15,067.16 |
| Italy | 2023 | $34.1M | $33,053.08 |
| Spain | 2023 | $32.5M | $20,812.42 |

_Source: reported merchandise trade data. Updated 2026-08-14._