U.S. - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingTest and Measurement Price in the United States - 2023
Contents:
- Test and Measurement Price in the United States (FOB) - 2023
- Test and Measurement Price in the United States (CIF) - 2023
- Test and Measurement Exports in the United States
- Test and Measurement Imports in the United States
Test and Measurement Price in the United States (FOB) - 2023
The average test and measurement export price stood at $97.9 per unit in July 2023, which is down by -3% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 17% against the previous month. As a result, the export price reached the peak level of $115 per unit. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($376 per unit), while the average price for exports to Canada ($30.7 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Test and Measurement Price in the United States (CIF) - 2023
In July 2023, the average test and measurement import price amounted to $7.0 per unit, declining by -6.6% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 19% against the previous month. As a result, import price reached the peak level of $8.0 per unit. From December 2022 to July 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($15.6 per unit), while the price for Italy ($3.9 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by South Korea (+0.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Test and Measurement Exports in the United States
For the third consecutive year, the United States recorded decline in shipments abroad of instruments and apparatus for measuring or checking pressure of liquids or gasses, which decreased by -15.2% to 10M units in 2022. Over the period under review, exports faced a abrupt descent. Over the period under review, the exports hit record highs at 20M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, test and measurement exports expanded rapidly to $1.8B in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Test and Measurement in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 234 | 196 | 228 | 276 | 5.7% |
| Canada | 257 | 201 | 225 | 262 | 0.6% |
| China | 126 | 143 | 169 | 160 | 8.3% |
| Germany | 128 | 107 | 134 | 137 | 2.3% |
| Japan | 66.2 | 83.5 | 103 | 111 | 18.8% |
| Singapore | 58.5 | 65.8 | 77.2 | 95.6 | 17.8% |
| United Kingdom | 69.7 | 50.1 | 53.8 | 66.5 | -1.6% |
| France | 55.9 | 52.2 | 63.6 | 58.1 | 1.3% |
| Taiwan (Chinese) | 23.5 | 28.1 | 36.4 | 50.5 | 29.0% |
| Brazil | 43.2 | 37.5 | 42.0 | 46.0 | 2.1% |
| Italy | 21.4 | 21.2 | 21.1 | 27.6 | 8.9% |
| Malaysia | 12.9 | 12.7 | 20.8 | 24.9 | 24.5% |
| India | 18.4 | 16.4 | 19.3 | 20.8 | 4.2% |
| Others | 375 | 347 | 389 | 437 | 5.2% |
| Total | 1,489 | 1,361 | 1,583 | 1,773 | 6.0% |
Top Export Markets for Test and Measurement from the United States in 2022:
- Germany (2154.6K units)
- Mexico (2064.9K units)
- China (1070.3K units)
- Canada (869.3K units)
- Japan (599.9K units)
- Brazil (341.0K units)
- United Kingdom (334.7K units)
- Singapore (320.3K units)
- France (234.5K units)
- Taiwan (Chinese) (228.9K units)
- Italy (227.4K units)
- Malaysia (214.0K units)
- India (195.8K units)
Test and Measurement Imports in the United States
In 2022, approx. 246M units of instruments and apparatus for measuring or checking pressure of liquids or gasses were imported into the United States; increasing by 2.4% compared with the year before. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, test and measurement imports rose remarkably to $1.7B in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Test and Measurement in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 522 | 369 | 410 | 424 | -6.7% |
| China | 219 | 187 | 260 | 278 | 8.3% |
| Germany | 193 | 149 | 187 | 203 | 1.7% |
| Japan | 169 | 145 | 172 | 202 | 6.1% |
| Taiwan (Chinese) | 48.7 | 45.3 | 69.8 | 94.6 | 24.8% |
| United Kingdom | 119 | 97.3 | 89.4 | 91.3 | -8.5% |
| Malaysia | 48.4 | 41.4 | 51.6 | 57.4 | 5.8% |
| Bulgaria | 22.7 | 28.3 | 35.8 | 33.6 | 14.0% |
| South Korea | 14.3 | 17.2 | 19.1 | 30.6 | 28.9% |
| Italy | 15.3 | 10.1 | 17.7 | 20.8 | 10.8% |
| Others | 263 | 221 | 259 | 307 | 5.3% |
| Total | 1,634 | 1,310 | 1,572 | 1,743 | 2.2% |
Top Suppliers of Test and Measurement to the United States in 2022:
- Mexico (77.0M units)
- China (63.9M units)
- Japan (25.9M units)
- Germany (15.6M units)
- Malaysia (12.0M units)
- Taiwan (Chinese) (10.2M units)
- Bulgaria (8.7M units)
- United Kingdom (6.1M units)
- Italy (5.9M units)
- South Korea (4.8M units)
This report provides an in-depth analysis of the test and measurement market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. 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
-
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
-
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
425
This report provides an in-depth analysis of the test and measurement market in the U.S..
323
This report provides an in-depth analysis of the electronic liquid measurer market in the USA.
518
This report provides an in-depth analysis of the measuring instrument market in the U.S..
310
This report provides an in-depth analysis of the electronic flow meter market in the USA.
316
This report provides an in-depth analysis of the market for electronic liquid level measurer in the USA.
293
This report provides an in-depth analysis of the non-electronic flow meter market in the USA.
376
This report provides an in-depth analysis of the market for non-electronic liquid or gas measurer in the U.S..
306
This report provides an in-depth analysis of the market for non-electronic liquid level measurer in the USA.
834
This report provides an in-depth analysis of the ethylbenzene market in the U.S..
764
This report provides an in-depth analysis of the global test and measurement market.
353
In June 2022, the average test and measurement export price amounted to $99 per unit, stabilizing at the previous month.
182
In March 2023, the measuring instrument price stood at $17.1 per unit, therefore (CIF, US), remained relatively stable against the previous month.
4259
In May 2022, the ethylbenzene price per ton amounted to $1,448 (FOB, US), falling by -21.5% against the previous month.
147
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.
912
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...
812
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...
758
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...
632
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 ...
631
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...
684
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 ...
