United Kingdom: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2025

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

The UK geometrical quantities electronic measurer market surged to $X in 2022, rising by 32% against the previous year. Over the period under review, consumption showed a resilient increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in the UK

In value terms, geometrical quantities electronic measurer production contracted to $X in 2022 estimated in export price. Overall, production, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 21%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from the UK

In 2022, geometrical quantities electronic measurer exports from the UK fell to X units, which is down by -13.5% on 2021 figures. Over the period under review, total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +1.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 17%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports rose sharply to $X in 2022. In general, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units), Germany (X units) and the United States (X units) were the main destinations of geometrical quantities electronic measurer exports from the UK, with a combined 34% share of total exports. Ireland, China, France, Turkey, India, the Netherlands, Italy, Qatar, Poland and the United Arab Emirates lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Qatar (with a CAGR of +48.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from the UK, comprising 22% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 10% share of total exports. It was followed by Germany, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+25.4% per year) and Germany (+9.3% per year).

Export Prices by Country

In 2022, the average geometrical quantities electronic measurer export price amounted to $X per unit, surging by 24% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, geometrical quantities electronic measurer export price increased by +89.5% against 2019 indices. The growth pace was the most rapid in 2021 when the average export price increased by 41%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Turkey ($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 the United Arab Emirates (+9.6%), 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 the UK

Geometrical quantities electronic measurer imports into the UK surged to X units in 2022, increasing by 38% on the previous year's figure. Overall, total imports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% 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 +42.9% against 2020 indices. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports surged to $X in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of geometrical quantities electronic measurer imports to the UK, together comprising 56% of total imports. The United States, Japan, Thailand, the Netherlands, France, Mexico, Romania, the Czech Republic, Turkey and Hungary lagged somewhat behind, together comprising a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of +191.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and China ($X) were the largest geometrical quantities electronic measurer suppliers to the UK, with a combined 48% share of total imports. Japan, Italy, France, the Netherlands, Mexico, Romania, the Czech Republic, Hungary, Turkey and Thailand lagged somewhat behind, together comprising a further 30%.

Romania, with a CAGR of +205.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers 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, with a decrease of -12.2% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, geometrical quantities electronic measurer import price decreased by -13.5% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 31%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Thailand ($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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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