In 2023, Hungary led the global export of electrical multimeters in weight, representing a significant share of the market, followed by China and Germany. The data indicates notable growth in exports from Hungary, Poland, and Bulgaria. In contrast, countries like Japan, the United Arab Emirates, and Switzerland experienced declines. Emerging markets such as the Philippines, India, and Azerbaijan showed substantial year-on-year growth.
Future trends to watch include the potential rise in exports from developing countries with increasing industrial capabilities. Technological advancements and shifting global supply chains may also reshape the landscape, enhancing the role of countries like India and the Philippines.
Top countries in Export of Electrical Multimeters Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 37.53 | 2023 | +5.75% | +4.83% | View data |
| 2 | 2 China | 14.11 | 2023 | +0.97% | +3.72% | View data |
| 3 | 3 Germany | 13.24 | 2023 | +2.77% | +2.73% | View data |
| 4 | 4 South Korea | 5.26 | 2023 | +1.01% | -0.7% | View data |
| 5 | 5 Austria | 3.75 | 2023 | +5.45% | +4.4% | View data |
| 6 | 6 Netherlands | 2.96 | 2023 | +0.55% | -2.46% | View data |
| 7 | 7 Italy | 2.57 | 2023 | +4.59% | +4.76% | View data |
| 8 | 8 Belgium | 2.5 | 2023 | +2.38% | +1.85% | View data |
| 9 | 9 United Kingdom | 1.75 | 2023 | -1.26% | +0.079% | View data |
| 10 | 10 France | 1.68 | 2023 | -7.55% | -1.93% | View data |
