United Kingdom - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAverage Price of UK Measuring Instruments Decreases by 4%, Dropping to $221 per Unit
United Kingdom Measuring Instrument Export Price in March 2023
In March 2023, the measuring instrument price stood at $221 per unit (FOB, United Kingdom), which is down by -4.3% against the previous month. Overall, export price indicated a perceptible expansion from March 2022 to March 2023: its price increased at an average monthly rate of +3.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, measuring instrument export price increased by +45.0% against January 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 56% month-to-month. As a result, the export price reached the peak level of $272K per thousand units. From January 2023 to March 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($338 per unit), while the average price for exports to Brazil ($18.2 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Measuring Instrument in United Kingdom (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| United States | 638 | 231 | 119 | 226 | 89.4 | 333 | 321 | 191 | 95.4 | 612 | 63.4 | 240 | 338 |
| Germany | 233 | 256 | 283 | 255 | 118 | 246 | 207 | 253 | 309 | 293 | 402 | 283 | 325 |
| China | 366 | 590 | 237 | 332 | 343 | 519 | 189 | 589 | 165 | 436 | 410 | 471 | 320 |
| India | 33.3 | 64.9 | 72.6 | 53.4 | 40.9 | 75.5 | 79.8 | 56.8 | 49.6 | 49.7 | 31.4 | 72.3 | 158 |
| France | 20.7 | 152 | 132 | 150 | 227 | 153 | 154 | 111 | 158 | 172 | 110 | 73.0 | 153 |
| Netherlands | 184 | 518 | 105 | 75.7 | 142 | 227 | 226 | 286 | 140 | 538 | 209 | 281 | 150 |
| Italy | 217 | 216 | 327 | 47.0 | 139 | 161 | 121 | 221 | 462 | 283 | 224 | 304 | 128 |
| Ireland | 377 | 110 | 109 | 83.3 | 117 | 16.0 | 78.6 | 24.1 | 160 | 65.4 | 617 | 327 | 100 |
| Belgium | 28.5 | 62.8 | 20.5 | 33.3 | 108 | 44.2 | 49.0 | 128 | 72.4 | 127 | 34.7 | 95.8 | 92.4 |
| Hong Kong | 90.1 | 39.0 | 361 | 92.9 | 18.7 | 555 | 38.0 | 20.8 | 72.1 | 125 | 199 | 193 | 36.0 |
| Poland | 207 | 43.6 | 252 | 111 | 685 | 136 | 452 | 221 | 249 | 318 | 125 | 331 | 34.6 |
| Sweden | 38.0 | 27.0 | 35.5 | 23.7 | 63.5 | 32.7 | 106 | 23.3 | 85.8 | 126 | 38.8 | 38.9 | 31.7 |
| Brazil | 151 | 262 | 34.8 | 47.5 | 412 | 90.8 | 256 | 299 | 433 | 142 | 733 | 176 | 18.2 |
| Average | 140 | 215 | 161 | 126 | 139 | 206 | 200 | 185 | 174 | 272 | 152 | 231 | 221 |
United Kingdom Measuring Instrument Exports
In March 2023, exports of instruments and apparatus for measuring or checking the flow or level of liquids from the UK skyrocketed to 151K units, jumping by 38% against the previous month. In general, exports, however, recorded a perceptible setback. The exports peaked at 232K units in March 2022; afterwards, it flattened through to March 2023.
In value terms, measuring instrument exports soared to $33M (IndexBox estimates) in March 2023. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
United Kingdom Measuring Instrument Exports by Country
the United States (23K units), Ireland (16K units) and Germany (13K units) were the main destinations of measuring instrument exports from the UK, together accounting for 35% of total exports.
From March 2022 to March 2023, the biggest increases were in Ireland (with a CAGR of +22.3%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($7.7M), Germany ($4.4M) and Ireland ($1.6M) constituted the largest markets for measuring instrument exported from the UK worldwide, together comprising 41% of total exports. China, France, India, the Netherlands, Italy, Belgium, Sweden, Hong Kong, Poland and Brazil lagged somewhat behind, together accounting for a further 23%.
India, with a CAGR of +15.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the measuring instrument market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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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
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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
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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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
