World - Non-Electronic Hydro-, Hygro-, Psychrometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electronic Hydro- And Hygrometers Market
The non-electronic hydro- and hygrometers market is anticipated to see a downward consumption trend over the next eight years, with a forecasted decrease in performance. The global market is expected to contract in both volume and value terms by 2030. In 2022, there was a significant increase in consumption worldwide, with China leading in volume. The market saw growth in revenue as well, reaching $8.5B in 2022. Production and imports also experienced fluctuations over the years, with China dominating in both areas. The United States had the highest import prices while China had the lowest. On the export side, China led in volume and value terms. Mexico emerged as the fastest-growing exporter. Despite some fluctuations, the global market is projected to retain growth in years to come.
Market Forecast
The non-electronic hydro- and hygrometers market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -5.2% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 202M units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of -0.5% for the period from 2022 to 2030, which is projected to bring the market value to $8.2B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Non-Electronic Hydro-, Hygro-, Psychrometers
In 2022, approx. 308M units of non-electronic hydro-, hygro-, psychrometers were consumed worldwide; jumping by 85% against the year before. Overall, consumption saw prominent growth. Global consumption peaked in 2022 and is expected to retain growth in years to come.
The global non-electronic hydro- and hygrometers market revenue expanded modestly to $8.5B in 2022, rising by 3.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +88.6% against 2015 indices. Over the period under review, the global market hit record highs in 2022 and is expected to retain growth in the immediate term.
Consumption By Country
The country with the largest volume of non-electronic hydro- and hygrometers consumption was China (238M units), comprising approx. 77% of total volume. It was followed by Brazil (6.2M units), with a 2% share of total consumption. The third position in this ranking was held by Taiwan (Chinese) (6.2M units), with a 2% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +27.0%. The remaining consuming countries recorded the following average annual rates of consumption growth: Brazil (+12.0% per year) and Taiwan (Chinese) (+11.9% per year).
In value terms, Tunisia ($3B) led the market, alone. The second position in the ranking was taken by China ($1.1B). It was followed by India.
In Tunisia, the non-electronic hydro- and hygrometers market expanded at an average annual rate of +57.8% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of market growth: China (+19.4% per year) and India (+4.1% per year).
The countries with the highest levels of non-electronic hydro- and hygrometers per capita consumption in 2022 were Tunisia (412 units per 1000 persons), Taiwan (Chinese) (262 units per 1000 persons) and China (167 units per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Tunisia (with a CAGR of +51.7%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Non-Electronic Hydro-, Hygro-, Psychrometers
In 2022, production of non-electronic hydro-, hygro-, psychrometers increased by 3% to 85M units, rising for the fifth consecutive year after four years of decline. In general, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 40%. Over the period under review, global production reached the maximum volume at 90M units in 2013; however, from 2014 to 2022, production failed to regain momentum.
In value terms, non-electronic hydro- and hygrometers production expanded rapidly to $29.3B in 2022 estimated in export price. Over the period under review, production posted a resilient expansion. The growth pace was the most rapid in 2018 with an increase of 95%. Global production peaked at $32B in 2020; however, from 2021 to 2022, production remained at a lower figure.
Production By Country
China (33M units) constituted the country with the largest volume of non-electronic hydro- and hygrometers production, comprising approx. 39% of total volume. Moreover, non-electronic hydro- and hygrometers production in China exceeded the figures recorded by the second-largest producer, Mexico (13M units), threefold. The third position in this ranking was taken by Hong Kong SAR (12M units), with a 14% share.
In China, non-electronic hydro- and hygrometers production shrank by an average annual rate of -1.8% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+1.5% per year) and Hong Kong SAR (+11.3% per year).
Imports
World Imports of Non-Electronic Hydro-, Hygro-, Psychrometers
In 2022, supplies from abroad of non-electronic hydro-, hygro-, psychrometers increased by 65% to 371M units, rising for the fourth year in a row after two years of decline. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 101% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, non-electronic hydro- and hygrometers imports expanded sharply to $1.9B in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.8% 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 +51.1% against 2017 indices. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.
Imports By Country
China prevails in imports structure, amounting to 292M units, which was approx. 79% of total imports in 2022. It was distantly followed by the United States (21M units), comprising a 5.6% share of total imports. The following importers - Thailand (7.2M units), Brazil (6.8M units) and Taiwan (Chinese) (6.3M units) - each accounted for a 5.5% share of total imports.
China was also the fastest-growing in terms of the non-electronic hydro-, hygro-, psychrometers imports, with a CAGR of +37.5% from 2012 to 2022. At the same time, Brazil (+29.2%), Thailand (+15.3%), Taiwan (Chinese) (+11.9%) and the United States (+4.9%) displayed positive paces of growth. China (+54 p.p.) significantly strengthened its position in terms of the global imports, while Thailand, Taiwan (Chinese) and the United States saw its share reduced by -1.6%, -2.5% and -21% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($280M), China ($275M) and Taiwan (Chinese) ($41M) were the countries with the highest levels of imports in 2022, together accounting for 32% of global imports.
Among the main importing countries, China, with a CAGR of +11.1%, 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 $5 per unit in 2022, falling by -35.7% against the previous year. In general, the import price recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 9.9% against the previous year. Over the period under review, average import prices hit record highs at $22 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 ($13 per unit), while China ($0.9 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 (+0.1%), while the other global leaders experienced a decline in the import price figures.
Exports
World Exports of Non-Electronic Hydro-, Hygro-, Psychrometers
For the fifth consecutive year, the global market recorded growth in shipments abroad of non-electronic hydro-, hygro-, psychrometers, which increased by 5.1% to 148M units in 2022. Overall, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 28%. The global exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, non-electronic hydro- and hygrometers exports expanded to $1.6B in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +7.9% 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 +113.2% against 2012 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in the near future.
Exports By Country
China represented the key exporting country with an export of about 87M units, which amounted to 59% of total exports. The United States (24M units) ranks second in terms of the total exports with a 16% share, followed by Mexico (8%) and Hong Kong SAR (6.4%).
Exports from China increased at an average annual rate of +11.3% from 2012 to 2022. At the same time, Mexico (+30.4%), the United States (+9.6%) and Hong Kong SAR (+5.5%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of +30.4% from 2012-2022. Mexico (+6.5 p.p.) and China (+4.4 p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR saw its share reduced by -3.7% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($265M), the United States ($194M) and Mexico ($80M) appeared to be the countries with the highest levels of exports in 2022, with a combined 34% share of global exports.
Mexico, with a CAGR of +19.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average non-electronic hydro- and hygrometers export price stood at $11 per unit in 2022, flattening at the previous year. Overall, the export price recorded a perceptible decline. The growth pace was the most rapid in 2014 when the average export price increased by 10%. The global export price peaked at $13 per unit in 2012; however, from 2013 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 the United States ($8 per unit), while China ($3.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%), while the other global leaders experienced a decline in the export price figures.
This report provides an in-depth analysis of the global market for non-electronic hydro- and hygrometers. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26515179 - Non-electronic hydro-, hygro-, psychrometers (including hygrographs, thermo-hygrographs, baro-thermo-hygrographs, a ctinometers, pagoscopes, excluding radio-sondes for atmospheric soundings)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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