United Kingdom: 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 the UK

The UK market for non-electronic instruments for measuring or checking variables of liquids or gases was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, recorded a slight setback. Non-electronic liquid or gas measurer consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

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

In value terms, non-electronic liquid or gas measurer production shrank to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume increased by 62%. Non-electronic liquid or gas measurer production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

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

Exports from the UK

In 2021, exports of non-electronic instruments for measuring or checking variables of liquids or gases from the UK declined significantly to X units, falling by -17.3% compared with 2020 figures. In general, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 16%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer exports soared to $X in 2021. Overall, exports recorded a noticeable setback. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units), Spain (X units) and Germany (X units) were the main destinations of non-electronic liquid or gas measurer exports from the UK, with a combined 41% share of total exports. The United States, the Netherlands, Kuwait, China, the United Arab Emirates, Ireland, Italy, South Korea, India and Belgium lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +6.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-electronic liquid or gas measurer exported from the UK were the United States ($X), Germany ($X) and France ($X), together accounting for 40% of total exports. China, Spain, the Netherlands, India, South Korea, Ireland, Italy, the United Arab Emirates, Kuwait and Belgium lagged somewhat behind, together accounting for a further 27%.

Among the main countries of destination, South Korea, with a CAGR of +7.3%, 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

The average export price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $X per unit in 2021, increasing by 44% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain ($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 Germany (+7.9%), 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 the UK

In 2021, overseas purchases of non-electronic instruments for measuring or checking variables of liquids or gases were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when imports increased by 44% against the previous year. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer imports surged to $X in 2021. Overall, imports, however, recorded a noticeable setback. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the United States (X units) were the main suppliers of non-electronic liquid or gas measurer imports to the UK, together accounting for 51% of total imports. India, Norway, Taiwan (Chinese), France, Japan, Mexico, Switzerland, Italy, Belgium and Spain lagged somewhat behind, together comprising a further 38%.

From 2012 to 2021, the biggest increases were in Mexico (with a CAGR of +45.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest non-electronic liquid or gas measurer suppliers to the UK, with a combined 50% share of total imports. Norway, Japan, France, Mexico, Taiwan (Chinese), Switzerland, Spain, Belgium, Italy and India lagged somewhat behind, together accounting for a further 35%.

In terms of the main suppliers, Mexico, with a CAGR of +43.3%, 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

In 2021, the average import price for non-electronic instruments for measuring or checking variables of liquids or gases amounted to $X per unit, declining by -12.9% against the previous year. In general, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 35%. The import price peaked at $X per unit in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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