Asia-Pacific: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2024

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Asia-Pacific

In 2022, the Asia-Pacific market for non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, posted strong growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Asia-Pacific

In value terms, non-electronic liquid or gas measurer production stood at $X in 2022 estimated in export price. Over the period under review, production saw buoyant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports in Asia-Pacific

After five years of growth, shipments abroad of non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to X units in 2022. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by X%. The volume of export peaked at X units in 2021, and then fell modestly in the following year.

In value terms, non-electronic liquid or gas measurer exports reduced to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, leveling off in the following year.

Exports by Country

China prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. India (X units) held the second position in the ranking, followed by Hong Kong SAR (X units) and Taiwan (Chinese) (X units). All these countries together took approx. X% share of total exports. The following exporters - Singapore (X units) and Malaysia (X units) - each finished at a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Hong Kong SAR (X%), Malaysia (X%), Taiwan (Chinese) (X%), India (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Hong Kong SAR and Taiwan (Chinese) increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-electronic liquid or gas measurer supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of total exports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Singapore (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports in Asia-Pacific

After six years of growth, overseas purchases of non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to X units in 2022. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X units in 2021, and then fell in the following year.

In value terms, non-electronic liquid or gas measurer imports reduced modestly to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2021, and then contracted modestly in the following year.

Imports by Country

China represented the largest importer of non-electronic instruments for measuring or checking variables of liquids or gases in Asia-Pacific, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. India (X units) ranks second in terms of the total imports with a X% share, followed by Thailand (X%). Singapore (X units), Australia (X units) and Vietnam (X units) took a minor share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), India (X%) and Singapore (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) and Australia (X%) illustrated a downward trend over the same period. China (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total imports, while Australia and Thailand saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported non-electronic instruments for measuring or checking variables of liquids or gases in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total imports. It was followed by India, with a X% share.

In China, non-electronic liquid or gas measurer imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and India (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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