South-Eastern Asia: 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 South-Eastern Asia

The Southeast Asian market for non-electronic instruments for measuring or checking variables of liquids or gases dropped to $X in 2021, falling by -6% against the previous year. The market value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then declined in the following year.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in South-Eastern Asia

In value terms, non-electronic liquid or gas measurer production fell to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +10.4% against 2017 indices. The most prominent rate of growth was recorded in 2020 with an increase of 25%. As a result, production attained the peak level of $X, and then fell in the following year.

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

Exports in South-Eastern Asia

In 2021, the amount of non-electronic instruments for measuring or checking variables of liquids or gases exported in South-Eastern Asia skyrocketed to X units, rising by 50% compared with the previous year. In general, exports enjoyed strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electronic liquid or gas measurer exports expanded rapidly to $X in 2021. The total export value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 15% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Vietnam (X units) and Thailand (X units) were the largest exporters of non-electronic instruments for measuring or checking variables of liquids or gases in 2021, recording near 42% and 33% of total exports, respectively. Singapore (X units) took a 16% share (based on physical terms) of total exports, which put it in second place, followed by Malaysia (5.1%). Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Thailand (with a CAGR of +50.0%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), Singapore ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2021, together comprising 87% of total exports. These countries were followed by Thailand and Indonesia, which together accounted for a further 13%.

In terms of the main exporting countries, Thailand, with a CAGR of +21.7%, 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 export price in South-Eastern Asia amounted to $X per unit, waning by -24.4% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the export price increased by 16% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+12.9%), while the other leaders experienced a decline in the export price figures.

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

Imports in South-Eastern Asia

In 2021, purchases abroad of non-electronic instruments for measuring or checking variables of liquids or gases increased by 5.7% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 33%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, non-electronic liquid or gas measurer imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when imports increased by 28% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Indonesia (X units) represented the main importer of non-electronic instruments for measuring or checking variables of liquids or gases, making up 56% of total imports. Thailand (X units) took a 20% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (10%), Singapore (4.8%), Malaysia (4.7%) and the Philippines (4.6%).

Imports into Indonesia increased at an average annual rate of +4.3% from 2012 to 2021. At the same time, the Philippines (+46.2%) and Vietnam (+13.9%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +46.2% from 2012-2021. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (-5.2%) and Thailand (-8.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Indonesia, Vietnam and the Philippines increased by +16, +6.8 and +4.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-electronic liquid or gas measurer importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Thailand ($X), with a combined 67% share of total imports.

Vietnam, with a CAGR of +22.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in South-Eastern Asia amounted to $X per unit, with an increase of 7.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 an increase of 29%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the 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 Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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