EU: Measuring Rod Market 2020

Measuring Rod Market Size in the EU

The revenue of the measuring rod market in the European Union amounted to $X in 2017, surging by X% against the previous year. The measuring rod consumption continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2017, with an increase of X% y-o-y. The level of measuring rod consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Measuring Rod Production in the EU

In 2017, the amount of measuring rods and tapes and divided scales produced in the European Union stood at X units, reducing by -X% against the previous year. The measuring rod production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. In that year, the measuring rod production attained their peak volume of X units, and then declined slightly in the following year.

Measuring Rod Exports in the EU

In 2017, approx. X units of measuring rods and tapes and divided scales were exported in the European Union; waning by -X% against the previous year. The measuring rod exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, measuring rod exports stood at $X in 2017. The measuring rod exports continue to indicate a relatively flat trend pattern. In that year, the measuring rod exports attained their peak level of $X. From 2012 to 2017, growth of the measuring rod exports failed to regain its momentum.

Measuring Rod Exports by Country in the EU

Austria was the main exporter of measuring rods and tapes and divided scales in the European Union, with the volume of exports amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by Germany (X units) and Belgium (X units), together making up X% share of total exports. Spain (X units), Luxembourg (X units), the Czech Republic (X units), the UK (X units), the Netherlands (X units), France (X units), Poland (X units), Italy (X units) and Sweden (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to measuring rod exports from Austria stood at +X%. At the same time, Spain (+X%), Poland (+X%), Luxembourg (+X%), Belgium (+X%), Germany (+X%), the Czech Republic (+X%), the UK (+X%), France (+X%), the Netherlands (+X%) and Sweden (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, Italy (-X%) illustrated a downward trend over the same period. Italy (X%) significantly strengthened its position in terms of the global exports, while the Czech Republic, Luxembourg, Spain, Belgium, Germany and Austria saw its share reduced by -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest measuring rod supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Germany, measuring rod exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Belgium (+X% per year) and the Netherlands (+X% per year).

Measuring Rod Export Prices by Country in the EU

In 2017, the measuring rod export price in the European Union amounted to $X per thousand units, picking up by X% against the previous year. The measuring rod export price continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. The level of export price peaked of $X per thousand units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was the Netherlands ($X per thousand units), while Luxembourg ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Italy (+X% per year), while the other leaders experienced a decline in the export price figures.

Measuring Rod Imports in the EU

The imports stood at X units in 2017, going up by X% against the previous year. The measuring rod imports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the measuring rod imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, measuring rod imports amounted to $X in 2017. The measuring rod imports continue to indicate a relatively flat trend pattern. Over the period under review, the measuring rod imports reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Measuring Rod Imports by Country in the EU

In 2017, Germany (X units) and France (X units) represented the largest importers of measuring rods and tapes and divided scales in the globe, together recording approx. X% of total imports. The UK (X units) ranks second in terms of the global imports with a X% share, followed by the Netherlands (X%), Poland (X%), Belgium (X%), Austria (X%), Sweden (X%), Italy (X%) and Denmark (X%). The following importers - Spain (X units) and the Czech Republic (X units) each resulted at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest measuring rod markets worldwide were Germany ($X), France ($X) and Belgium ($X), with a combined X% share of total imports. These countries were followed by the UK, the Netherlands, Sweden, Italy, Spain, Poland, Austria, Denmark and the Czech Republic, which together accounted for a further X%.

The Netherlands (+X% per year) experienced the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Measuring Rod Import Prices by Country in the EU

The measuring rod import price in the European Union stood at $X per thousand units in 2017, falling by -X% against the previous year. The measuring rod import price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2014, an increase of X% year-to-year. Over the period under review, the import prices for measuring rods and tapes and divided scales attained its peak figure level of $X per thousand units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Belgium ($X per thousand units), while Austria ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Sweden (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform