Ireland: 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 Ireland

The Irish market for non-electronic instruments for measuring or checking variables of liquids or gases soared to $X in 2021, increasing by 15% against the previous year. Over the period under review, consumption continues to indicate a resilient increase. Non-electronic liquid or gas measurer consumption peaked in 2021 and is likely to see steady growth in the near future.

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

In value terms, non-electronic liquid or gas measurer production dropped sharply to $X in 2021 estimated in export price. In general, production continues to indicate a sharp descent. Non-electronic liquid or gas measurer production peaked at $X in 2020, and then dropped significantly in the following year.

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

Exports from Ireland

In 2021, shipments abroad of non-electronic instruments for measuring or checking variables of liquids or gases decreased by -0.3% to X units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 161% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer exports totaled $X in 2021. Overall, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2016 when exports increased by 123%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), the United States (X units) and China (X units) were the main destinations of non-electronic liquid or gas measurer exports from Ireland, together accounting for 50% of total exports. Russia, Algeria, Saudi Arabia, Kuwait, Thailand, Bahrain, Australia, Germany, Denmark and Brazil lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were in Saudi Arabia (with a CAGR of +164.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the UK ($X) and China ($X) constituted the largest markets for non-electronic liquid or gas measurer exported from Ireland worldwide, together accounting for 56% of total exports. Russia, Saudi Arabia, Australia, Thailand, Algeria, Kuwait, Bahrain, Denmark, Brazil and Germany lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +180.2%, saw the highest rates of growth with regard to 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, rising by 3.7% against the previous year. Overall, the export price, however, saw a slight decline. The growth pace was the most rapid in 2020 an increase of 58% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Algeria ($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 Saudi Arabia (+7.2%), 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 Ireland

For the fifth consecutive year, Ireland recorded growth in overseas purchases of non-electronic instruments for measuring or checking variables of liquids or gases, which increased by 48% to X units in 2021. Overall, imports enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 80%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in years to come.

In value terms, non-electronic liquid or gas measurer imports skyrocketed to $X in 2021. In general, imports posted a strong increase. The pace of growth was the most pronounced in 2018 with an increase of 31% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X units) was the main supplier of non-electronic liquid or gas measurer to Ireland, with a 91% share of total imports. It was followed by the UK (X units), with a 3% share of total imports. China (X units) ranked third in terms of total imports with a 1.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.3% per year) and China (-5.1% per year).

In value terms, Germany ($X), the UK ($X) and China ($X) constituted the largest non-electronic liquid or gas measurer suppliers to Ireland, together accounting for 52% of total imports.

Among the main suppliers, Germany, with a CAGR of +13.8%, saw the highest growth rate of 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

In 2021, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, which is down by -13.5% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per unit), while the price for Germany ($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 UK (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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