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

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

In 2022, after two years of decline, there was significant growth in the German non-electronic hydro- and hygrometers market, when its value increased by X% to $X. In general, consumption recorded a relatively flat trend pattern. Non-electronic hydro- and hygrometers consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

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

In value terms, non-electronic hydro- and hygrometers production expanded to $X in 2022 estimated in export price. Overall, the total production indicated a measured increase 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, production increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Non-electronic hydro- and hygrometers production peaked in 2022 and is expected to retain growth in the near future.

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

Exports from Germany

In 2022, overseas shipments of non-electronic hydro-, hygro-, psychrometers increased by X% to X units, rising for the fourth year in a row after three years of decline. Overall, exports showed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, non-electronic hydro- and hygrometers exports reduced sharply to $X in 2022. Over the period under review, exports enjoyed a tangible increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X units), Switzerland (X units) and Italy (X units) were the main destinations of non-electronic hydro- and hygrometers exports from Germany, together comprising X% of total exports.

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

In value terms, France ($X), Poland ($X) and the United States ($X) were the largest markets for non-electronic hydro- and hygrometers exported from Germany worldwide, with a combined X% share of total exports. Austria, Switzerland, China, Italy, Spain, the Czech Republic, Romania, Norway, Thailand and Singapore lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Romania, 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 average non-electronic hydro- and hygrometers export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked at $X per unit in 2012; however, from 2013 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 France ($X per unit), while the average price for exports to Romania ($X 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 Spain (X%), while the prices for the other major destinations experienced a decline.

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

Imports into Germany

In 2022, purchases abroad of non-electronic hydro-, hygro-, psychrometers increased by X% to X units, rising for the fifth year in a row after two years of decline. Overall, imports recorded prominent growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, non-electronic hydro- and hygrometers imports contracted to $X in 2022. Over the period under review, imports continue to indicate slight growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), China (X units) and Switzerland (X units) were the main suppliers of non-electronic hydro- and hygrometers imports to Germany, together accounting for X% of total imports. The United States, Hong Kong SAR, South Korea and the Philippines lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), the Netherlands ($X) and the United States ($X) appeared to be the largest non-electronic hydro- and hygrometers suppliers to Germany, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electronic hydro- and hygrometers import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price recorded a deep slump. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat 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 United States ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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