Report Update: Apr 1, 2024

Australia - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights

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Test and Measurement Price in Australia - 2023

Test and Measurement Price in Australia (CIF) - 2022

The average test and measurement import price stood at $48 per unit in 2022, rising by 12% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 17%. The import price peaked at $49 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($192 per unit), while the price for Poland ($10 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Test and Measurement Price in Australia (FOB) - 2022

The average test and measurement export price stood at $125 per unit in 2022, which is down by -29.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 117%. Over the period under review, the average export prices reached the maximum at $367 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($432 per unit), while the average price for exports to New Zealand ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Test and Measurement Imports in Australia

In 2022, after three years of growth, there was decline in supplies from abroad of instruments and apparatus for measuring or checking pressure of liquids or gasses, when their volume decreased by -5% to 2.3M units. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. Imports peaked at 2.4M units in 2021, and then declined in the following year.

In value terms, test and measurement imports rose remarkably to $112M in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Test and Measurement in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	25.6	21.1	24.4	27.4	2.3%
Germany	12.4	14.7	16.0	18.6	14.5%
China	8.7	9.9	15.1	14.7	19.1%
Mexico	1.3	2.7	2.8	3.5	39.1%
Taiwan (Chinese)	1.7	1.7	2.5	2.7	16.7%
Italy	2.3	1.6	2.3	2.3	0.0%
Poland	1.6	1.7	2.2	2.0	7.7%
Others	33.2	31.1	39.9	41.0	7.3%
Total	86.8	84.6	105	112	8.9%

Top Suppliers of Test and Measurement to Australia in 2022:

China (1267.0K units)
Poland (191.5K units)
Germany (181.0K units)
United States (157.9K units)
Taiwan (Chinese) (153.6K units)
Mexico (58.4K units)
Italy (42.8K units)

Test and Measurement Exports in Australia

In 2022, exports of instruments and apparatus for measuring or checking pressure of liquids or gasses from Australia skyrocketed to 77K units, rising by 84% compared with the previous year's figure. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 194%. As a result, the exports attained the peak of 153K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, test and measurement exports soared to $9.6M in 2022. Overall, exports, however, saw a sharp contraction. Over the period under review, the exports attained the peak figure at $19M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Test and Measurement in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
New Zealand	1,014	1,072	878	1,666	18.0%
United States	11,162	2,885	865	1,469	-49.1%
China	240	312	148	664	40.4%
Germany	397	501	630	619	16.0%
Papua New Guinea	945	761	607	597	-14.2%
Singapore	183	516	307	348	23.9%
Thailand	54.2	30.5	26.9	148	39.8%
South Africa	97.3	108	47.5	110	4.2%
India	1,876	4,002	50.8	62.7	-67.8%
Others	3,157	2,288	3,836	3,955	7.8%
Total	19,125	12,476	7,395	9,638	-20.4%

Top Export Markets for Test and Measurement from Australia in 2022:

New Zealand (50.2K units)
United States (7.9K units)
China (2.1K units)
Singapore (1.5K units)
Germany (1.5K units)
Papua New Guinea (1.4K units)
Thailand (1.3K units)
South Africa (0.6K units)
India (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the test and measurement market in Australia. 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
Prodcom 26515279 - Other instruments for measuring or checking pressure: others

Country coverage:

Australia

Data coverage:

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