Eastern Europe: 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 Eastern Europe

In 2022, the East European market for non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to $X for the first time since 2015, thus ending a six-year rising trend. Overall, consumption, however, recorded a strong expansion. The level of consumption peaked at $X in 2021, and then fell in the following year.

Production of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Eastern Europe

In value terms, non-electronic liquid or gas measurer production expanded rapidly to $X in 2022 estimated in export price. The total production indicated a strong 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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

Exports in Eastern Europe

After six years of growth, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to X units in 2022. Overall, exports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then fell modestly in the following year.

In value terms, non-electronic liquid or gas measurer exports contracted to $X in 2022. In general, exports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The biggest shipments were from Romania (X units), the Czech Republic (X units), Hungary (X units), Poland (X units), Lithuania (X units), Belarus (X units), Russia (X units) and Bulgaria (X units), together finishing at X% of total export.

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, the largest non-electronic liquid or gas measurer supplying countries in Eastern Europe were Romania ($X), the Czech Republic ($X) and Hungary ($X), together accounting for X% of total exports.

Among the main exporting countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to 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

The export price in Eastern Europe stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

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

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

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

Imports in Eastern Europe

In 2022, supplies from abroad of non-electronic instruments for measuring or checking variables of liquids or gases decreased by X% to X units, falling for the second year in a row after five years of growth. Over the period under review, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, non-electronic liquid or gas measurer imports reduced dramatically to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X units) and Belarus (X units) represented roughly X% of total imports in 2022. Russia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Romania (X%) and Hungary (X%). The following importers - Slovakia (X units) and Latvia (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Russia ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Romania, Belarus, Hungary, Slovakia and Latvia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Romania, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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