Report Update: Apr 1, 2024

Romania - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights

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Measuring Instrument Price in Romania - 2023

Measuring Instrument Price in Romania (CIF) - 2023

The average measuring instrument import price stood at $15.6 per unit in June 2023, dropping by -35.6% against the previous month. Overall, the import price showed a perceptible slump. The growth pace was the most rapid in December 2022 when the average import price increased by 90% month-to-month. As a result, import price attained the peak level of $29.3 per unit. From January 2023 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($36.4 per unit), while the price for Spain ($5.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Measuring Instrument Price in Romania (FOB) - 2023

The average measuring instrument export price stood at $30.2 per unit in June 2023, picking up by 9.9% against the previous month. Over the period under review, export price indicated a measured expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, measuring instrument export price increased by +23.9% against April 2023 indices. The pace of growth appeared the most rapid in February 2023 an increase of 54% m-o-m. As a result, the export price attained the peak level of $34.0 per unit. From March 2023 to June 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 Italy ($39.5 per unit), while the average price for exports to Slovakia ($10.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports in Romania

In 2022, after three years of growth, there was significant decline in overseas purchases of instruments and apparatus for measuring or checking the flow or level of liquids, when their volume decreased by -29.6% to 6.2M units. Over the period under review, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 90%. As a result, imports attained the peak of 8.9M units, and then dropped markedly in the following year.

In value terms, measuring instrument imports shrank remarkably to $63M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39%. As a result, imports attained the peak of $77M, and then contracted rapidly in the following year.

Import of Measuring Instrument in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.3	4.8	25.6	21.3	110.0%
Italy	15.8	15.5	19.8	14.7	-2.4%
Germany	7.3	6.2	7.9	7.1	-0.9%
Luxembourg	1.0	0.9	1.4	1.6	17.0%
Spain	1.0	1.0	1.3	1.6	17.0%
United States	2.5	1.1	0.9	0.6	-37.9%
Others	14.0	25.3	19.6	16.3	5.2%
Total	44.0	54.9	76.5	63.2	12.8%

Top Suppliers of Measuring Instrument to Romania in 2022:

Italy (2631.2K units)
China (2123.9K units)
Germany (665.4K units)
Luxembourg (223.6K units)
Spain (112.3K units)
United States (81.0K units)

Measuring Instrument Exports in Romania

In 2022, approx. 2.1M units of instruments and apparatus for measuring or checking the flow or level of liquids were exported from Romania; with an increase of 2.2% against the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, measuring instrument exports rose markedly to $71M in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 85%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Measuring Instrument in Romania (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2.6	9.4	18.5	21.7	102.8%
France	0.4	2.1	7.6	7.1	160.9%
Italy	0.3	2.8	7.6	6.6	180.2%
Netherlands	0.3	2.0	5.6	5.6	165.3%
Austria	0.3	1.1	2.3	3.7	131.0%
Poland	0.3	0.8	1.8	3.5	126.8%
Hungary	0.2	0.2	0.4	3.0	146.6%
Switzerland	1.6	2.0	1.9	1.9	5.9%
United Arab Emirates	4.6	2.9	3.6	1.0	-39.9%
Slovakia	0.2	0.3	0.7	0.9	65.1%
China	0.6	0.2	0.3	0.3	-20.6%
Russia	1.2	0.3	2.3	0.2	-45.0%
Others	11.5	11.3	12.8	15.8	11.2%
Total	24.1	35.3	65.4	71.3	43.6%

Top Export Markets for Measuring Instrument from Romania in 2022:

Germany (1028.7K units)
France (215.4K units)
Netherlands (167.7K units)
Italy (140.0K units)
Slovakia (106.1K units)
Hungary (79.7K units)
Austria (74.1K units)
Poland (48.4K units)
China (42.8K units)
Switzerland (39.2K units)
United Arab Emirates (10.3K units)
Russia (5.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the measuring instrument market in Romania. 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:

Romania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Romania
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023