Europe: 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 Europe

The Europe market for non-electronic instruments for measuring or checking variables of liquids or gases shrank slightly to $X in 2021, leveling off at the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

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

In value terms, non-electronic liquid or gas measurer production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 58%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

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

Exports in Europe

In 2021, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases were finally on the rise to reach X units after four years of decline. The total export volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany was the major exporting country with an export of around X units, which resulted at 29% of total exports. Switzerland (X units) held the second position in the ranking, followed by Denmark (X units), the UK (X units), Spain (X units), Italy (X units), France (X units) and Romania (X units). All these countries together took near 47% share of total exports. The following exporters - the Netherlands (X units), the Czech Republic (X units), Hungary (X units), Poland (X units) and Lithuania (X units) - together made up 15% of total exports.

Germany experienced a relatively flat trend pattern with regard to volume of exports of non-electronic instruments for measuring or checking variables of liquids or gases. At the same time, Romania (+45.7%), Lithuania (+34.3%), Hungary (+15.2%), Denmark (+13.2%), the Czech Republic (+11.6%), Spain (+10.7%), Switzerland (+10.5%), the Netherlands (+4.8%), France (+3.2%) and Poland (+2.3%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in Europe, with a CAGR of +45.7% from 2012-2021. Italy experienced a relatively flat trend pattern. By contrast, the UK (-5.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Romania, Denmark, Switzerland, Spain, Lithuania, the Czech Republic and Hungary increased by +4.7, +4.6, +4, +3.4, +1.9, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest non-electronic liquid or gas measurer supplier in Europe, comprising 33% of total exports. The second position in the ranking was held by Switzerland ($X), with a 16% share of total exports. It was followed by the UK, with a 9.8% share.

In Germany, non-electronic liquid or gas measurer exports increased at an average annual rate of +1.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Switzerland (+3.3% per year) and the UK (-2.9% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 9.5% against the previous year. The level of export peaked in 2021 and is likely to continue growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+10.8%), while the other leaders experienced more modest paces of growth.

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

Imports in Europe

In 2021, supplies from abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by 13% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer imports surged to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), Italy (X units), France (X units), the UK (X units), Poland (X units), Spain (X units), the Netherlands (X units), Belgium (X units), Ireland (X units) and Austria (X units) represented roughly 78% of total imports in 2021. Russia (X units), Denmark (X units) and Romania (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were in Ireland (with a CAGR of +15.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported non-electronic instruments for measuring or checking variables of liquids or gases in Europe, comprising 23% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 9.6% share of total imports. It was followed by France, with an 8.9% share.

In Germany, non-electronic liquid or gas measurer imports expanded at an average annual rate of +4.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+12.1% per year) and France (+2.5% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2021, rising by 3.1% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by 12%. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Ireland ($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 more modest paces of growth.

Source: IndexBox Platform