The global import share of hydrometers, pyrometers, and hygrometers in units for 2023 was led by China, which dominated with 69.11%. Thailand followed with a substantial yet significantly smaller share of 20.82%, while the United States accounted for 14.64%. Notable year-on-year variances included a surge of 96.49% in Switzerland and a decline in Pakistan by 8.35%. The cumulative average growth rate over the last five years highlights sustained growth in several regions, with China showing the most significant expansion.
Future trends to watch include:
- Expansion of the import share in Asian markets, particularly China and India, driven by industrial and technological advancements.
- Potential market stabilization or growth plateau in developed countries like the United States as they optimize their import strategies.
- Emerging markets such as Chile and Switzerland showing robust growth may attract attention for further investment and import ramp-up.
Top countries in Import of Hydrometer, Pyrometer and Hygrometer Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 69.11 | 2023 | +3.63% | +17.13% | View data |
| 2 | 2 Thailand | 20.82 | 2023 | +1.14% | +0.54% | View data |
| 3 | 3 United States | 14.64 | 2023 | +3.3% | +3.28% | View data |
| 4 | 4 Russia | 3.73 | 2023 | +4.29% | +2.56% | View data |
| 5 | 5 India | 1.71 | 2023 | +4.94% | +5.46% | View data |
| 6 | 6 Belarus | 0.99 | 2023 | +6.21% | +2.2% | View data |
| 7 | 7 Argentina | 0.43 | 2023 | +1.84% | +0.76% | View data |
| 8 | 8 Malaysia | 0.39 | 2023 | -10.38% | +1.07% | View data |
| 9 | 9 Chile | 0.3 | 2023 | +4.31% | +16.56% | View data |
| 10 | 10 Switzerland | 0.29 | 2023 | +0.33% | +96.49% | View data |
