The global export of non-recording ammeters, voltmeters, and ohm meters reveals significant regional variances. In 2023, China led with a robust 4.54% increase in exports, a stark contrast to Switzerland, witnessing a dramatic increase of 190.32%. India maintained moderate growth at 2.52%, while Armenia endured a decline of 5.79%. Notable downturns were seen in Singapore and Malaysia, with reductions of 47.12% and 59.74%, respectively. Year-on-year statistics reflect economic dynamics and competitive market standings, where developing nations display mixed shifts in market presence.
Future trends to watch include:
- China's continued dominance, potentially widening its market share.
- The impact of technological advancement in Switzerland leveraging quality export growth.
- Developing countries' strategies to enhance competitive manufacturing and export capabilities.
- Global trade regulations and economic conditions influencing export dynamics beyond 2024.
Top countries in Export of Non-Recording Ammeters, Voltmeters, Ohm Meters by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 108,570,000 | 2023 | +4.3% | +4.54% | View data |
| 2 | 2 Switzerland | 3,197,700 | 2023 | -5.96% | +190.32% | View data |
| 3 | 3 India | 1,417,600 | 2023 | +3.32% | +2.52% | View data |
| 4 | 4 Belarus | 516,840 | 2023 | +5.85% | +2.42% | View data |
| 5 | 5 Russia | 304,760 | 2023 | +4.03% | +4.08% | View data |
| 6 | 6 Armenia | 139,890 | 2023 | +2.13% | -5.79% | View data |
| 7 | 7 Philippines | 127,040 | 2023 | +6.4% | +2.69% | View data |
| 8 | 8 Brazil | 56,800 | 2023 | +4.64% | +3.93% | View data |
| 9 | 9 Singapore | 12,760 | 2023 | -88.81% | -47.12% | View data |
| 10 | 10 Norway | 9,780 | 2023 | +5.53% | +3.59% | View data |
