Italy: Market for Instruments for Measuring Electrical Quantities 2025

Market Size for Instruments for Measuring Electrical Quantities in Italy

The Italian market for instruments for measuring electrical quantities shrank significantly to $X in 2021, which is down by -26.4% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Instruments for Measuring Electrical Quantities in Italy

In value terms, instruments for measuring electrical quantities production declined markedly to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 154%. Instruments for measuring electrical quantities production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Instruments for Measuring Electrical Quantities

Exports from Italy

In 2021, the amount of instruments for measuring electrical quantities exported from Italy skyrocketed to X units, picking up by 39% against the previous year's figure. Over the period under review, exports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2013 with an increase of 51%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, instruments for measuring electrical quantities exports skyrocketed to $X in 2021. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 93%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X units), Spain (X units) and the Netherlands (X units) were the main destinations of instruments for measuring electrical quantities exports from Italy, together accounting for 23% of total exports. These countries were followed by Turkey, France, Brazil, Poland, Canada, the United States, the UK, Romania, Ukraine and China, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +35.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the largest markets for instruments for measuring electrical quantities exported from Italy worldwide, together accounting for 34% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +45.6%, saw 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 instruments for measuring electrical quantities amounted to $X per unit, declining by -5.8% against the previous year. Over the period under review, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2016 an increase of 50%. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Ukraine ($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 Netherlands (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Instruments for Measuring Electrical Quantities

Imports into Italy

In 2021, imports of instruments for measuring electrical quantities into Italy skyrocketed to X units, surging by 41% against the year before. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.8% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, instruments for measuring electrical quantities imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.9% 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.

Imports by Country

Germany (X units), China (X units) and Romania (X units) were the main suppliers of instruments for measuring electrical quantities imports to Italy, with a combined 79% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +90.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for measuring electrical quantities to Italy, comprising 40% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Romania, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.2% per year) and Romania (+68.2% per year).

Import Prices by Country

The average import price for instruments for measuring electrical quantities stood at $X per unit in 2021, reducing by -6.1% against the previous year. Over the period under review, the import price saw a mild slump. The growth pace was the most rapid in 2013 an increase of 21% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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