Europe: Market for Non-Electronic Hydro-, Hygro-, Psychrometers 2024

Market Size for Non-Electronic Hydro-, Hygro-, Psychrometers in Europe

In 2022, the Europe non-electronic hydro- and hygrometers market increased by X% to $X, rising for the sixth consecutive year after four years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Non-Electronic Hydro-, Hygro-, Psychrometers in Europe

In value terms, non-electronic hydro- and hygrometers production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw buoyant growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Non-Electronic Hydro-, Hygro-, Psychrometers

Exports in Europe

In 2022, overseas shipments of non-electronic hydro-, hygro-, psychrometers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then declined slightly in the following year.

In value terms, non-electronic hydro- and hygrometers exports declined modestly to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The growth pace was the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

The Netherlands (X units) and Poland (X units) represented roughly X% of total exports in 2022. France (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Belarus (X%) and Finland (X%). The Czech Republic (X units), Italy (X units), Belgium (X units), Switzerland (X units), Austria (X units), Germany (X units), Ukraine (X units) and the UK (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Poland, France, the UK, Switzerland, Austria, Italy, the Czech Republic, Belgium, Ukraine and Belarus lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Electronic Hydro-, Hygro-, Psychrometers

Imports in Europe

For the third year in a row, Europe recorded growth in overseas purchases of non-electronic hydro-, hygro-, psychrometers, which increased by X% to X units in 2022. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, non-electronic hydro- and hygrometers imports amounted to $X in 2022. Total imports indicated strong 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 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The purchases of the four major importers of non-electronic hydro-, hygro-, psychrometers, namely the Netherlands, France, Russia and Poland, represented more than half of total import. Austria (X units) ranks next in terms of the total imports with a X% share, followed by Spain (X%). Belarus (X units), Switzerland (X units), Belgium (X units), the Czech Republic (X units), Italy (X units), Iceland (X units) and Germany (X units) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Poland, Italy, Spain, Iceland, the Czech Republic, Belgium, Switzerland, Austria, Russia and Belarus lagged somewhat behind, together accounting for a further X%.

Iceland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the import price saw a deep setback. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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