U.S. Totalizing Fluid Meter And Counting Device Market. Analysis And Forecast to 2030
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View PricingTotalizing Fluid Meter Price in the United States - 2023
Contents:
- Totalizing Fluid Meter Price in the United States (CIF) - 2022
- Totalizing Fluid Meter Price in the United States (FOB) - 2023
- Totalizing Fluid Meter Imports in the United States
- Totalizing Fluid Meter Exports in the United States
Totalizing Fluid Meter Price in the United States (CIF) - 2022
The average totalizing fluid meter import price stood at $97,714 per ton in 2022, waning by -9.1% against the previous year. Overall, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 16%. Over the period under review, average import prices attained the maximum at $251,590 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Malaysia ($190,069 per ton), while the price for India ($11,411 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+0.2%), while the prices for the other major suppliers experienced a decline.
Totalizing Fluid Meter Price in the United States (FOB) - 2023
In August 2023, the average totalizing fluid meter export price amounted to $119K per ton, picking up by 5% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 19% month-to-month. The export price peaked at $141K per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Canada ($349K per ton), while the average price for exports to Mexico totaled $65,008 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.0%).
Totalizing Fluid Meter Imports in the United States
In 2022, approx. 24K tons of totalizing fluid meters and counting devices were imported into the United States; jumping by 28% against the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, totalizing fluid meter imports soared to $2.3B in 2022. In general, imports, however, recorded a mild shrinkage.
| Import of Totalizing Fluid Meter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,568 | 1,192 | 1,199 | 1,418 | -3.3% |
| China | 85.6 | 131 | 93.6 | 134 | 16.1% |
| Israel | 65.7 | 64.7 | 67.7 | 75.4 | 4.7% |
| Malaysia | 68.3 | 102 | 108 | 75.3 | 3.3% |
| Japan | 97.0 | 76.4 | 92.3 | 54.1 | -17.7% |
| Canada | 39.8 | 42.5 | 46.1 | 52.9 | 9.9% |
| India | 7.3 | 7.2 | 9.6 | 19.3 | 38.3% |
| Others | 483 | 379 | 402 | 517 | 2.3% |
| Total | 2,414 | 1,994 | 2,019 | 2,346 | -0.9% |
Top Suppliers of Totalizing Fluid Meter to the United States in 2022:
- Mexico (13.0K tons)
- China (5.5K tons)
- India (1.7K tons)
- Canada (0.5K tons)
- Israel (0.5K tons)
- Malaysia (0.4K tons)
- Japan (0.4K tons)
Totalizing Fluid Meter Exports in the United States
In 2022, overseas shipments of totalizing fluid meters and counting devices decreased by -6% to 6.4K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. As a result, the exports reached the peak of 7.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, totalizing fluid meter exports surged to $761M in 2022. Over the period under review, exports recorded a perceptible reduction.
| Export of Totalizing Fluid Meter in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 289 | 228 | 212 | 293 | 0.5% |
| Canada | 343 | 263 | 258 | 288 | -5.7% |
| China | 17.9 | 15.7 | 19.6 | 25.2 | 12.1% |
| Others | 183 | 159 | 163 | 154 | -5.6% |
| Total | 833 | 666 | 652 | 761 | -3.0% |
Top Export Markets for Totalizing Fluid Meter from the United States in 2022:
- Mexico (4.6K tons)
- Canada (1.1K tons)
- China (0.1K tons)
This report provides an in-depth analysis of the totalizing fluid meter 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:
- NAICS 334514 - Totalizing fluid meter and counting device manufacturing
Companies mentioned:
- Badger Meter
- Sensus USA
- Neptune Technology Group
- Gems Sensors
- Smiths Detection
- FMC Technologies Measurement Solutions
- Aclara Technologies
- Fluid Components International
- Electromech Technologies
- Thomas G. Faria Corporation
- Designatronics Incorporated
- Auto Meter Products
- Dynapar Corporation, McCrometer
- Master Meter
- Cui Global
- Circor Instrumentation Technologies
- Dff Corp.
- E Systems Technology
- Turbines
- Elster American Meter Company
- Liquid Controls
- Measurement Technology Group
- Sensus (bermuda 2)
- Invensys Energy Metering Corporation
- Mars International
- Sensus Metering Systems-North America Inc.
- American Meter Holdings Corporation
- Emerson Electric (u.s.) Holding Corporation
- Cabelok, Meter Readings Holding
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
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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
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