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"experienced a dip" is a correct and usable phrase in written English.
It can be used to describe a state or situation that has decreased or gone down. For example: "After the holiday season, sales experienced a dip."
Exact(17)
"But our occupancy has experienced a dip in a quarter that is never busy," Mr. Richter said.
Leading American banks such as JPMorgan Chase, Bank of America, Citigroup and Goldman Sachs experienced a dip too.
"If we have experienced a dip in form toward the end of the season, it is because of the inhuman schedule over the last two years.
The Museum of Contemporary Art in Los Angeles, which is going through a rocky period – with board defections and explorations of possible mergers – experienced a dip in attendance.
Like other parts of the sector, the university experienced a dip in applicant numbers after tuition fees tripled to £9,000 in 2012, with part-time students particularly affected.
It opened again this year and has been in great demand throughout the summer (although like many consumer-oriented businesses in the capital, it experienced a dip in demand during the Olympics).
Similar(43)
The more normal case seemed to be a "recovery" scenario, where someone experiences a dip in functioning around an event, and then eventually and gradually gets better.
As autumn wears on, many people experience a dip in productivity and originality, not dissimilar to the gloomy seasonal affective disorder (SAD) that depresses some people when the days get darker and colder.
Then there are those who have stopped buying entirely or are buying only when there are promotions, leading a few thrift stores to experience a dip in sales this year.
No club could seriously expect to absorb such a sizeable loss in quality and, above all, personality in one fell swoop without experiencing a dip in form.
The lower overall reactivity of acid birnessite at pH 7.2 is expected because most Mn-oxides experience a dip in reactivity somewhere in the pH range.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com