U.S. - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTest And Measurement Prices in the United States
U.S. Test And Measurement Export Price in August 2022
The average test and measurement price stood at $94 per unit in August 2022, which is down by -12.1% against the previous month. Over the period from January 2022 to August 2022, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in February 2022 when the average export price increased by 12% m-o-m. The export price peaked at $107 per unit in July 2022, and then contracted in the following month.
There were significant differences in the average prices for the major overseas markets. In August 2022, the country with the highest price was Singapore ($303 per unit), while the average price for exports to Canada ($29 per unit) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Test And Measurement Exports
Test and measurement exports from the United States expanded sharply to 1.6M units in August 2022, picking up by 9.8% compared with the month before. The total export volume increased at an average monthly rate of +1.3% from January 2022 to August 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 with an increase of 19% against the previous month. Over the period under review, the exports hit record highs at 1.6M units in April 2022; afterwards, it flattened through to August 2022.
In value terms, test and measurement exports shrank slightly to $153M (IndexBox estimates) in August 2022. The total export value increased at an average monthly rate of +2.5% over the period from January 2022 to August 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain months. The pace of growth was the most pronounced in March 2022 when exports increased by 23% against the previous month. As a result, the exports reached the peak of $163M. From April 2022 to August 2022, the growth of the exports remained at a lower figure.
U.S. Test And Measurement Exports by Country
Canada (827K units) was the main destination for test and measurement exports from the United States, with a 51% share of total exports. Moreover, test and measurement exports to Canada exceeded the volume sent to the second major destination, Mexico (190K units), fourfold. Germany (182K units) ranked third in terms of total exports with an 11% share.
From January 2022 to August 2022, the average monthly growth rate of volume to Canada amounted to +1.7%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (-0.3% per month) and Germany (-0.1% per month).
In value terms, the largest markets for test and measurement exported from the United States were Mexico ($25M), Canada ($24M) and China ($13M), together comprising 40% of total exports. These countries were followed by Germany, Japan, Singapore, the UK and Brazil, which together accounted for a further 25%.
the UK, with a CAGR of +9.3%, 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.
This report provides an in-depth analysis of the test and measurement market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
- Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
- Prodcom 26515279 - Other instruments for measuring or checking pressure: others
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In June 2022, the average test and measurement export price amounted to $99 per unit, stabilizing at the previous month.
In March 2023, the measuring instrument price stood at $17.1 per unit, therefore (CIF, US), remained relatively stable against the previous month.
In May 2022, the ethylbenzene price per ton amounted to $1,448 (FOB, US), falling by -21.5% against the previous month.
Explore the top import markets for test and measurement equipment, including the United States, China, Germany, and more. Learn about the key statistics and data from the IndexBox market intelligence platform.
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
In value terms, instruments and apparatus for physical and chemical analysis imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increase...
In value terms, measuring and checking instruments, appliances and machines imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased ...
In value terms, instruments and apparatus for physical and chemical analysis exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; ho...
In value terms, measuring and checking instruments, appliances and machines exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at ...