Report Update: May 1, 2024

Spain - 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 Spain - 2023

Measuring Instrument Price in Spain (CIF) - 2023

In June 2023, the average measuring instrument import price amounted to $33.8 per unit, rising by 12% against the previous month. Over the period under review, the import price continues to indicate a prominent increase. The growth pace was the most rapid in July 2022 when the average import price increased by 267% month-to-month. Over the period under review, average import prices attained the peak figure at $36.9 per unit in February 2023; however, from March 2023 to June 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($65.1 per unit), while the price for China ($8.1 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 Germany (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Measuring Instrument Price in Spain (FOB) - 2022

The average measuring instrument export price stood at $54 per unit in 2021, increasing by 19% against the previous year. In general, the export price enjoyed strong growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 146% against the previous year. Over the period under review, the average export prices hit record highs at $67 per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($81 per unit), while the average price for exports to Oman ($10 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 Argentina (+23.2%), while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports in Spain

In 2022, measuring instrument imports into Spain expanded markedly to 2.6M units, increasing by 15% against the year before. The total import volume increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, measuring instrument imports expanded markedly to $87M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Measuring Instrument in Spain (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	25.3	39.8	33.3	14.7%
France	12.9	12.3	13.5	2.3%
United Kingdom	3.4	3.9	7.5	48.5%
Italy	4.3	4.1	4.9	6.7%
United States	4.6	2.3	2.8	-22.0%
China	2.3	1.9	2.4	2.2%
Others	28.3	16.8	18.4	-19.4%
Total	81.2	81.0	82.7	0.9%

Top Suppliers of Measuring Instrument to Spain in 2022:

France (1385.2K units)
Germany (1278.4K units)
Italy (277.6K units)
China (265.4K units)
United Kingdom (94.5K units)
United States (57.4K units)

Measuring Instrument Exports in Spain

For the fourth consecutive year, Spain recorded growth in overseas shipments of instruments and apparatus for measuring or checking the flow or level of liquids, which increased by 11% to 809K units in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 50% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, measuring instrument exports shrank dramatically to $33M in 2022. In general, total exports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 78%. As a result, the exports attained the peak of $39M, and then fell markedly in the following year.

Export of Measuring Instrument in Spain (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	2.4	2.0	15.1	150.8%
United Kingdom	0.2	0.4	3.7	330.1%
Portugal	1.7	1.6	1.8	2.9%
United Arab Emirates	0.1	0.2	1.6	300.0%
France	1.6	1.2	1.6	0.0%
Netherlands	0.5	0.7	1.1	48.3%
Peru	0.7	0.5	0.6	-7.4%
Oman	N/A	0.6	0.4	-33.3%
Iran	8.9	N/A	N/A	0%
Others	15.2	14.9	13.5	-5.8%
Total	31.3	22.1	39.5	12.3%

Top Export Markets for Measuring Instrument from Spain in 2022:

Iran (undefinedK units)
Germany (1146.3K units)
United Kingdom (81.9K units)
France (55.6K units)
United Arab Emirates (53.2K units)
Peru (45.1K units)
Oman (37.6K units)
Netherlands (28.9K units)
Portugal (27.8K units)

Source: IndexBox Market Intelligence Platform

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

Spain

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Spain
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