Benelux: 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 Benelux

In 2021, the Benelux market for non-electronic instruments for measuring or checking variables of liquids or gases was finally on the rise to reach $X after two years of decline. Overall, consumption enjoyed a pronounced increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, non-electronic liquid or gas measurer production surged to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2016 when the production volume increased by 193%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

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

Exports in Benelux

In 2021, after two years of decline, there was significant growth in overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases, when their volume increased by 6.4% to X units. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2016 when exports increased by 34%. The volume of export peaked 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 expanded markedly to $X in 2021. Total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +93.1% against 2015 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 36% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in the near future.

Exports by Country

In 2021, the Netherlands (X units) was the largest exporter of non-electronic instruments for measuring or checking variables of liquids or gases, committing 78% of total exports. It was distantly followed by Belgium (X units), making up a 22% share of total exports.

The Netherlands was also the fastest-growing in terms of the non-electronic instruments for measuring or checking variables of liquids or gases exports, with a CAGR of +4.8% from 2012 to 2021. Belgium (-9.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands increased by +48 percentage points.

In value terms, the Netherlands ($X) remains the largest non-electronic liquid or gas measurer supplier in Benelux, comprising 81% of total exports. The second position in the ranking was held by Belgium ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands totaled +9.3%.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, stabilizing at the previous year. In general, the export price, however, continues to indicate strong growth. The pace of growth appeared the most rapid in 2014 an increase of 69%. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then fell in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.0%).

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

Imports in Benelux

In 2021, approx. X units of non-electronic instruments for measuring or checking variables of liquids or gases were imported in Benelux; with an increase of 55% against the year before. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer imports expanded sharply to $X in 2021. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 29%. The level of import peaked in 2021 and is likely to see steady growth in the near future.

Imports by Country

The Netherlands (X units) and Belgium (X units) prevails in imports structure, together achieving 98% of total imports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Luxembourg (with a CAGR of +10.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constitutes the largest market for imported non-electronic instruments for measuring or checking variables of liquids or gases in Benelux, comprising 75% of total imports. The second position in the ranking was held by Belgium ($X), with a 24% share of total imports.

In the Netherlands, non-electronic liquid or gas measurer imports expanded at an average annual rate of +12.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belgium (+3.3% per year) and Luxembourg (+5.5% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, declining by -25.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. The level of import peaked at $X per unit in 2020, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform