In 2023, China leads the global export of liquid-filled thermometers with a significant market share of 43.63%. Germany and the Netherlands follow with 16.74% and 9.24%, respectively. Year-on-year data shows varying trends; notably, China and the Netherlands experienced growth, while Germany and the UK saw declines. Emerging exporters like Brazil, Costa Rica, and Bulgaria show robust growth. Conversely, significant declines occurred in countries like Ireland and Finland. Examining the compound annual growth rate (CAGR) illustrates these trends over five years, highlighting long-term shifts.
Future trends to watch include:
- The increasing dominance of Asian exporters, with China maintaining its leadership and India poised for potential gains.
- Continued volatility in European markets where both declines and growth of specific countries will impact regional export dynamics.
- Technological advancements and regulatory changes could alter competitive dynamics and market shares among top exporters.
Top countries in Export of Liquid-Filled Thermometers Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 43.63 | 2023 | +1.48% | +2.39% | View data |
| 2 | 2 Germany | 16.74 | 2023 | -1.32% | -1.7% | View data |
| 3 | 3 Netherlands | 9.24 | 2023 | +3.66% | +3.96% | View data |
| 4 | 4 United States | 6.66 | 2023 | -2.45% | +0.24% | View data |
| 5 | 5 Italy | 4.63 | 2023 | +1.11% | -0.16% | View data |
| 6 | 6 United Kingdom | 3.47 | 2023 | -0.83% | -2.53% | View data |
| 7 | 7 Spain | 1.84 | 2023 | +2.71% | +1.76% | View data |
| 8 | 8 India | 1.59 | 2023 | +2.29% | +0.83% | View data |
| 9 | 9 France | 1.28 | 2023 | -2.51% | -2.56% | View data |
| 10 | 10 Belgium | 1.12 | 2023 | -0.5% | -0.53% | View data |