France: 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 France

After two years of growth, the French market for non-electronic instruments for measuring or checking variables of liquids or gases decreased by -3.9% to $X in 2021. Overall, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 9.6% against the previous year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, non-electronic liquid or gas measurer production reduced to $X in 2021 estimated in export price. In general, production showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 21%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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

Exports from France

In 2021, the amount of non-electronic instruments for measuring or checking variables of liquids or gases exported from France fell to X units, which is down by -11.3% on 2020 figures. Over the period under review, total exports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.2% 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 decreased by -34.6% against 2016 indices. The growth pace was the most rapid in 2015 when exports increased by 31% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer exports shrank to $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -31.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 29% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units), China (X units) and Italy (X units) were the main destinations of non-electronic liquid or gas measurer exports from France, with a combined 37% share of total exports. Spain, Algeria, Switzerland, the United States, Russia, the UK, Hong Kong SAR, Belgium, Morocco and the Netherlands lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +17.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest markets for non-electronic liquid or gas measurer exported from France worldwide, with a combined 38% share of total exports. Italy, Russia, the UK, Spain, the Netherlands, Belgium, Algeria, Switzerland, Morocco and Hong Kong SAR lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +15.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, with a decrease of -1.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Switzerland ($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 the United States (+7.9%), 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 France

In 2021, approx. X units of non-electronic instruments for measuring or checking variables of liquids or gases were imported into France; rising by 41% compared with 2020 figures. The total import volume increased at an average annual rate of +2.9% over the period from 2012 to 2021; however, the trend pattern 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 reached $X in 2021. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 12% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest non-electronic liquid or gas measurer supplier to France, accounting for a 45% share of total imports. Moreover, non-electronic liquid or gas measurer imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X units), fivefold. Japan (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-2.7% per year) and Japan (+33.4% per year).

In value terms, Germany ($X) constituted the largest supplier of non-electronic liquid or gas measurer to France, comprising 38% of total imports. The second position in the ranking was taken by the UK ($X), with a 10% share of total imports. It was followed by Switzerland, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.7% per year) and Switzerland (-5.9% per year).

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, which is down by -22.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 20% against the previous year. The import price peaked at $X per unit in 2020, and then dropped rapidly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Italy ($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 (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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