Italy: Measuring Instrument Market Overview 2020

Measuring Instrument Market Size in Italy

The revenue of the measuring instrument market in Italy amounted to $X in 2018, surging by X% against the previous year. Over the period under review, measuring instrument consumption continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, the measuring instrument market attained its peak level of $X. From 2012 to 2018, the growth of the measuring instrument market failed to regain its momentum.

Measuring Instrument Production in Italy

In value terms, measuring instrument production stood at $X in 2018 estimated in export prices. Overall, measuring instrument production continues to indicate a deep shrinkage. The pace of growth appeared the most rapid in 2011 when production volume increased by X% year-to-year. In that year, measuring instrument production attained its peak level of $X. From 2012 to 2018, measuring instrument production growth failed to regain its momentum.

Measuring Instrument Exports

Exports from Italy

Measuring instrument exports from Italy amounted to X units in 2018, remaining relatively unchanged against the previous year. Over the period under review, measuring instrument exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, measuring instrument exports reached their peak figure at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, measuring instrument exports totaled $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, measuring instrument exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

Germany (X units), France (X units) and Romania (X units) were the main destinations of measuring instrument exports from Italy, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Romania, while the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for measuring instrument exports from Italy, comprising X% of total measuring instrument exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value to Saudi Arabia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2018, the average measuring instrument export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price indicated a remarkable increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for instruments and apparatus for measuring or checking the flow or level of liquids reached their peak figure at $X per unit in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Slovakia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia, while the prices for the other major destinations experienced more modest paces of growth.

Measuring Instrument Imports

Imports into Italy

In 2018, the imports of instruments and apparatus for measuring or checking the flow or level of liquids into Italy totaled X units, dropping by -X% against the previous year. Overall, measuring instrument imports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, measuring instrument imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, measuring instrument imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth appeared the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, Switzerland (X units) constituted the largest measuring instrument supplier to Italy, accounting for a X% share of total imports. Moreover, measuring instrument imports from Switzerland exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was occupied by France (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Switzerland totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and France (-X% per year).

In value terms, the largest measuring instrument suppliers to Italy were Germany ($X), France ($X) and the U.S. ($X), with a combined X% share of total imports. The Netherlands, Switzerland, the UK, the Czech Republic, China and India lagged somewhat behind, together accounting for a further X Czech Republic experienced the highest growth rate of imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average measuring instrument import price amounted to $X per unit, rising by X% against the previous year. Overall, the measuring instrument import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. The import price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform