Global Voltmeter Market 2020

Voltmeter Market Size

The global voltmeter market revenue amounted to $X in 2017, dropping by -X% against the previous year. Overall, voltmeter consumption continues to indicate a deep contraction. The pace of growth was the most pronounced in 2011, with an increase of X% y-o-y. Global voltmeter consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Voltmeter Production

In 2017, approx. X units of voltmeters were produced worldwide; jumping by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Global voltmeter production peaked in 2017, and is expected to retain its growth in the near future.

Voltmeter Exports

In 2017, approx. X units of voltmeters were exported worldwide; surging by X% against the previous year. In general, the total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the voltmeter exports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. In that year, the global voltmeter exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, voltmeter exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the global voltmeter exports attained its peak figure level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Voltmeter Exports by Country

China was the main exporter of voltmeters in the world, with the volume of exports finishing at X units, which was near X% of total exports in 2017. Belarus (X units) occupied the second position in the ranking, followed by Switzerland (X units), Taiwan, Chinese (X units) and Tunisia (X units). All these countries together occupied near X% share of total exports. China, Hong Kong SAR (X units) took the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to voltmeter exports from China stood at +X%. At the same time, Belarus (+X%), Tunisia (+X%), China, Hong Kong SAR (+X%) and Switzerland (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. Switzerland (-X%), Tunisia (-X%), Belarus (-X%) and China (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest voltmeter supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by Switzerland, with a X% share.

In China, voltmeter exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan, Chinese (-X% per year) and Switzerland (-X% per year).

Voltmeter Export Prices by Country

In 2017, the average voltmeter export price amounted to $X per unit, falling by -X% against the previous year. In general, voltmeter export price continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. In that year, the average export prices for voltmeters reached their peak level of $X per unit. From 2012 to 2017, growth of the average export prices for voltmeters stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per unit), while Belarus ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other global leaders experienced mixed trends in the export price figures.

Voltmeter Imports

Global imports amounted to X units in 2017, jumping by X% against the previous year. Overall, voltmeter imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2017, with an increase of X% year-to-year. In that year, the global voltmeter imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, voltmeter imports amounted to $X in 2017. Overall, the total imports indicated a conspicuous growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the voltmeter imports increased by +X% against 2009 indices. Over the period under review, the global voltmeter imports reached its maximum level of $X in 2016, and then declined slightly in the following year.

Voltmeter Imports by Country

The countries with the highest levels of voltmeter imports in 2017 were Germany (X units), Mexico (X units), China (X units) and the U.S. (X units), together amounting to X% of total import. It was distantly followed by Japan (X units), Brazil (X units) and Indonesia (X units), together making up X% share of total imports. The following importers - China, Hong Kong SAR (X units), Singapore (X units) and the UK (X units) each resulted at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Germany ($X) were the countries with the highest levels of imports in 2017, together comprising X% of global imports. These countries were followed by Mexico, the UK, Japan, China, Hong Kong SAR, Singapore, Indonesia and Brazil, which together accounted for a further X%.

Among the main importing countries , Indonesia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Voltmeter Import Prices by Country

In 2017, the average voltmeter import price amounted to $X per unit, waning by -X% against the previous year. In general, voltmeter import price continues to indicate a significant descent. The most prominent rate of growth was recorded in 2014, when the average import prices increased by X% year-to-year. In that year, the average import prices for voltmeters attained their peak level of $X per unit. From 2015 to 2017, growth of the average import prices for voltmeters stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform