Overview of the Global Market for Non-Electronic Hydro-, Hygro-, Psychrometers

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

The global non-electronic hydro- and hygrometers market expanded slightly to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated notable 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, consumption increased by X% against 2015 indices. Global consumption peaked in 2022 and is expected to retain growth in the near future.

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

In value terms, non-electronic hydro- and hygrometers production reached $X in 2022 estimated in export price. In general, production saw resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, global production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports

Global non-electronic hydro- and hygrometers exports expanded rapidly to X units in 2022, picking up by X% on the previous year's figure. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, non-electronic hydro- and hygrometers exports expanded to $X in 2022. In general, total exports indicated a resilient 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, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China represented the main exporter of non-electronic hydro-, hygro-, psychrometers in the world, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. The United States (X units) ranks second in terms of the total exports with a X% share, followed by Mexico (X%) and Hong Kong SAR (X%).

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, Mexico (X%), the United States (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. Mexico (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-electronic hydro- and hygrometers supplying countries worldwide were China ($X), the United States ($X) and Mexico ($X), with a combined X% share of global exports.

In terms of the main exporting countries, Mexico, 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 global 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, leveling off at the previous year. In general, the export price recorded a pronounced decline. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum 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 origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($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 global leaders experienced a decline in the export price figures.

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

Imports

In 2022, overseas purchases of non-electronic hydro-, hygro-, psychrometers increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, non-electronic hydro- and hygrometers imports stood at $X in 2022. Over the period under review, total imports indicated a remarkable 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, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by the United States (X units), creating a X% share of total imports. The following importers - Thailand (X units), Brazil (X units) and Taiwan (Chinese) (X units) - each recorded a X% share of total imports.

China was also the fastest-growing in terms of the non-electronic hydro-, hygro-, psychrometers imports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%), Thailand (X%), Taiwan (Chinese) (X%) and the United States (X%) displayed positive paces of growth. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest non-electronic hydro- and hygrometers importing markets worldwide were the United States ($X), China ($X) and Taiwan (Chinese) ($X), with a combined X% share of global imports.

Among the main importing countries, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global 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, reducing by X% against the previous year. Overall, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per unit), while China ($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 United States (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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