Germany: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Germany

The German geometrical quantities electronic measurer market shrank dramatically to $X in 2022, declining by -18.6% against the previous year. Over the period under review, consumption saw a mild reduction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Germany

In value terms, geometrical quantities electronic measurer production rose slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 31%. Geometrical quantities electronic measurer production peaked at $X in 2020; afterwards, it flattened through to 2022.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Germany

In 2022, the amount of electronic instruments and machines for measuring geometrical quantities exported from Germany was estimated at X units, increasing by 6.5% against the year before. Overall, exports saw a modest increase. The most prominent rate of growth was recorded in 2017 when exports increased by 13% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, geometrical quantities electronic measurer exports fell to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units), the United States (X units) and Italy (X units) were the main destinations of geometrical quantities electronic measurer exports from Germany, with a combined 37% share of total exports. France, Poland, the UK, Austria, Mexico, India, the Netherlands, South Korea, the Czech Republic and Turkey lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +5.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for geometrical quantities electronic measurer exported from Germany were China ($X), the United States ($X) and France ($X), with a combined 38% share of total exports. Italy, the UK, the Netherlands, Austria, Poland, Mexico, the Czech Republic, India, South Korea and Turkey lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Mexico, with a CAGR of +6.5%, 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

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, with a decrease of -12% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Germany

In 2022, overseas purchases of electronic instruments and machines for measuring geometrical quantities increased by 8.4% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.1% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, geometrical quantities electronic measurer imports amounted to $X in 2022. Overall, imports continue to indicate a mild increase. The pace of growth appeared the most rapid in 2014 with an increase of 18%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest geometrical quantities electronic measurer supplier to Germany, accounting for a 25% share of total imports. Moreover, geometrical quantities electronic measurer imports from China exceeded the figures recorded by the second-largest supplier, Hungary (X units), twofold. The third position in this ranking was taken by Romania (X units), with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+12.9% per year) and Romania (+24.6% per year).

In value terms, Switzerland ($X), the United States ($X) and China ($X) appeared to be the largest geometrical quantities electronic measurer suppliers to Germany, with a combined 39% share of total imports. Hungary, France, Japan, the UK, the Netherlands, Italy, Romania, the Czech Republic, Spain and Portugal lagged somewhat behind, together comprising a further 38%.

Among the main suppliers, Romania, with a CAGR of +14.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, dropping by -7.2% against the previous year. In general, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :