World - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMeasuring Instrument Market
The global market for measuring instruments and apparatus for liquids is projected to have a positive trend in both consumption and market value over the next eight years. Consumption of these instruments increased in 2022, following a period of decline, with notable growth in countries like China, the United States, and Germany. Production and import volumes also saw increases, with fluctuating patterns over the years. The top importing and exporting countries include the United States, China, Germany, and Mexico, showing varied growth rates. The average import and export prices have fluctuated, with Germany having the highest price per unit in 2022. Overall, the market is expected to see continued growth in the near future.
Market Forecast
Driven by increasing demand for instruments and apparatus for measuring or checking the flow or level of liquids worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.8% for the period from 2022 to 2030, which is projected to bring the market volume to 433M units by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.8% for the period from 2022 to 2030, which is projected to bring the market value to $39.7B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids
In 2022, consumption of instruments and apparatus for measuring or checking the flow or level of liquids increased by 5% to 347M units, rising for the second consecutive year after three years of decline. The total consumption volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak volume of 349M units. From 2018 to 2022, the growth of the global consumption failed to regain momentum.
The global measuring instrument market value contracted to $29.5B in 2022, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.3% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $29.8B in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (74M units), the United States (58M units) and Germany (28M units), with a combined 46% share of global consumption. India, the Czech Republic, Mexico, Hong Kong SAR, the UK, Brazil, France, Poland, Japan and Romania lagged somewhat behind, together accounting for a further 35%.
From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +27.5%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($15B) led the market, alone. The second position in the ranking was held by Japan ($1.7B). It was followed by Mexico.
From 2012 to 2022, the average annual growth rate of value in China stood at +8.3%. The remaining consuming countries recorded the following average annual rates of market growth: Japan (-5.0% per year) and Mexico (+12.9% per year).
The countries with the highest levels of measuring instrument per capita consumption in 2022 were Hong Kong SAR (1,915 units per 1000 persons), the Czech Republic (1,616 units per 1000 persons) and Germany (341 units per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +26.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids
In 2022, production of instruments and apparatus for measuring or checking the flow or level of liquids increased by 7.8% to 246M units, rising for the second year in a row after three years of decline. Over the period under review, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 14% against the previous year. As a result, production attained the peak volume of 277M units. From 2018 to 2022, global production growth failed to regain momentum.
In value terms, measuring instrument production shrank to $24.5B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 39% against the previous year. As a result, production reached the peak level of $28.6B. From 2018 to 2022, global production growth remained at a somewhat lower figure.
Production By Country
The countries with the highest volumes of production in 2022 were China (43M units), Mexico (31M units) and Germany (29M units), together accounting for 42% of global production. India, Switzerland, the Czech Republic, the UK, France, the United States, Brazil, Japan and Canada lagged somewhat behind, together accounting for a further 40%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by the Czech Republic (with a CAGR of +47.0%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids
In 2022, supplies from abroad of instruments and apparatus for measuring or checking the flow or level of liquids increased by 7.7% to 189M units, rising for the second year in a row after two years of decline. In general, total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% 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 +43.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, measuring instrument imports fell slightly to $6.2B in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports attained the peak of $6.4B, and then reduced slightly in the following year.
Imports By Country
In 2022, the United States (52M units), distantly followed by China (32M units), Hong Kong SAR (18M units) and Mexico (9.4M units) represented the largest importers of instruments and apparatus for measuring or checking the flow or level of liquids, together creating 59% of total imports. The following importers - Poland (7.1M units), Romania (5.8M units), the UK (5M units), Brazil (5M units), India (4.6M units), Thailand (4.4M units), the Czech Republic (4.2M units), Turkey (4.1M units) and Germany (2.9M units) - together made up 23% of total imports.
From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +24.6%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($832M), China ($616M) and Germany ($509M) were the countries with the highest levels of imports in 2022, with a combined 31% share of global imports. The UK, Brazil, Mexico, India, Poland, Turkey, the Czech Republic, Thailand, Romania and Hong Kong SAR lagged somewhat behind, together comprising a further 17%.
Romania, with a CAGR of +10.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average measuring instrument import price stood at $33 per unit in 2022, which is down by -9% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The growth pace was the most rapid in 2019 when the average import price increased by 8.5% against the previous year. Over the period under review, average import prices reached the peak figure at $53 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($175 per unit), while Hong Kong SAR ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.2%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids
In 2022, overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids increased by 20% to 88M units, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.0% 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 +81.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50%. The global exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, measuring instrument exports reached $6.1B in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by 15% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the near future.
Exports By Country
In 2022, Mexico (25M units), distantly followed by Switzerland (16M units), Canada (4.5M units) and Germany (4.1M units) were the major exporters of instruments and apparatus for measuring or checking the flow or level of liquids, together creating 56% of total exports. Hong Kong SAR (3.5M units), India (3.5M units), the United States (3.3M units), the Philippines (3.3M units), France (3.1M units), Thailand (2.7M units), China (2.2M units), the Netherlands (2.2M units) and the UK (2.1M units) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Philippines (with a CAGR of +110.1%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest measuring instrument supplying countries worldwide were Germany ($1.2B), the United States ($947M) and China ($512M), with a combined 44% share of global exports. The Netherlands, France, the UK, Mexico, Switzerland, India, Canada, Thailand, Hong Kong SAR and the Philippines lagged somewhat behind, together accounting for a further 30%.
Among the main exporting countries, the Philippines, with a CAGR of +87.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average measuring instrument export price amounted to $69 per unit, dropping by -16.1% against the previous year. In general, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2019 an increase of 15% against the previous year. The global export price peaked at $109 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($294 per unit), while Hong Kong SAR ($7.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.4%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global measuring instrument market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
- Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
- Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
- Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global measuring instrument market.
Global Electronic Flow Meter Market Report 2018. This report provides an in-depth analysis of the global electronic flow meter market.
Global Electronic Liquid Level Measurer Market Report 2018. This report provides an in-depth analysis of the global market for electronic liquid level measurer.
Global Non-Electronic Flow Meter Market Report 2018. This report provides an in-depth analysis of the global non-electronic flow meter market.
Global Non-Electronic Liquid Level Measurer Market Report 2018. This report provides an in-depth analysis of the global market for non-electronic liquid level measurer.
This report provides an in-depth analysis of the global test and measurement market.
Global Electronic Liquid Measurer Market Report 2018. This report provides an in-depth analysis of the global electronic liquid measurer market.
This report provides an in-depth analysis of the global market for non-electronic liquid or gas measurer.
This report provides an in-depth analysis of the global ethylbenzene market.
In value terms, instruments and apparatus for physical and chemical analysis imports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increase...
In value terms, measuring and checking instruments, appliances and machines imports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total imports value increased ...
In value terms, instruments and apparatus for physical and chemical analysis exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; ho...
In value terms, measuring and checking instruments, appliances and machines exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at ...
Explore the top import markets for test and measurement equipment, including the United States, China, Germany, and more. Learn about the key statistics and data from the IndexBox market intelligence platform.
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...
Global test and measurement imports totaled X tons in 2016, surging by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period fr...