Australia: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2025

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Australia

In 2021, the Australian market for non-electronic instruments for measuring or checking variables of liquids or gases was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a slight reduction. Non-electronic liquid or gas measurer consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Australia

In value terms, non-electronic liquid or gas measurer production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2017 with an increase of 24% against the previous year. Non-electronic liquid or gas measurer production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Australia

In 2021, the amount of non-electronic instruments for measuring or checking variables of liquids or gases exported from Australia declined dramatically to X units, which is down by -31.6% on the previous year's figure. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 34%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer exports declined significantly to $X in 2021. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by 30%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for non-electronic liquid or gas measurer exports from Australia, accounting for a 65% share of total exports. Moreover, non-electronic liquid or gas measurer exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X units), eightfold. The United States (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to New Zealand amounted to -20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (-28.8% per year) and the United States (-27.2% per year).

In value terms, Papua New Guinea ($X), Singapore ($X) and New Zealand ($X) appeared to be the largest markets for non-electronic liquid or gas measurer exported from Australia worldwide, with a combined 52% share of total exports.

Singapore, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, picking up by 22% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 304% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to New Zealand ($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 (+58.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Australia

In 2021, imports of non-electronic instruments for measuring or checking variables of liquids or gases into Australia expanded sharply to X units, surging by 11% against the year before. Over the period under review, imports, however, continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2013 with an increase of 23%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer imports soared to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 51% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Australia, together comprising 70% of total imports. These countries were followed by Taiwan (Chinese), Italy, the UK, Hong Kong SAR, India, Japan and Vietnam, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were in India (with a CAGR of +25.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to Australia were the United States ($X), Germany ($X) and the UK ($X), together comprising 59% of total imports. China, India, Japan, Taiwan (Chinese), Italy, Hong Kong SAR and Vietnam lagged somewhat behind, together accounting for a further 17%.

India, with a CAGR of +47.2%, recorded 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 import price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $X per unit in 2021, increasing by 7.3% against the previous year. In general, import price indicated prominent growth 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. Based on 2021 figures, non-electronic liquid or gas measurer import price decreased by -9.4% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of 29%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for China ($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 (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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