Serbia - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Instruments for Measuring Electrical Quantities in Serbia - 2023
Contents:
- Price for Instruments for Measuring Electrical Quantities in Serbia (CIF) - 2022
- Price for Instruments for Measuring Electrical Quantities in Serbia (FOB) - 2022
- Imports of Instruments for Measuring Electrical Quantities in Serbia
- Exports of Instruments for Measuring Electrical Quantities in Serbia
Price for Instruments for Measuring Electrical Quantities in Serbia (CIF) - 2022
The average import price for instruments for measuring electrical quantities stood at $11 per unit in 2022, picking up by 15% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 37%. The import price peaked at $14 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($25 per unit), while the price for Austria ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Instruments for Measuring Electrical Quantities in Serbia (FOB) - 2022
In 2022, the average export price for instruments for measuring electrical quantities amounted to $13 per unit, which is down by -45.5% against the previous year. In general, the export price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 217%. Over the period under review, the average export prices attained the maximum at $38 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($36 per unit), while the average price for exports to Bosnia and Herzegovina ($3.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Instruments for Measuring Electrical Quantities in Serbia
In 2022, imports of instruments for measuring electrical quantities into Serbia contracted to 272K units, declining by -10.3% against 2021 figures. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 303K units, and then dropped in the following year.
In value terms, instruments for measuring electrical quantities imports expanded to $3M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 8.5% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Instruments for Measuring Electrical Quantities in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 403 | 681 | 710 | 748 | 22.9% |
| Germany | 411 | 554 | 689 | 738 | 21.5% |
| United States | 336 | 259 | 160 | 301 | -3.6% |
| Italy | 167 | 156 | 196 | 155 | -2.5% |
| Sweden | 73.0 | 34.1 | 11.4 | 121 | 18.3% |
| Hungary | 93.5 | 87.6 | 104 | 113 | 6.5% |
| Taiwan (Chinese) | 89.6 | N/A | 134 | 111 | 7.4% |
| Spain | 62.5 | 25.4 | 56.1 | 83.1 | 10.0% |
| Slovenia | 294 | 147 | 117 | 66.1 | -39.2% |
| Poland | 42.4 | 8.2 | 32.2 | 56.6 | 10.1% |
| Austria | 61.1 | 3.8 | 107 | 47.0 | -8.4% |
| France | 101 | 152 | 121 | 46.8 | -22.6% |
| Others | 449 | 537 | 433 | 364 | -6.8% |
| Total | 2,583 | 2,647 | 2,871 | 2,950 | 4.5% |
Top Suppliers of Instruments for Measuring Electrical Quantities to Serbia in 2022:
- China (117.0K units)
- Germany (46.7K units)
- Spain (18.2K units)
- Austria (13.7K units)
- Sweden (11.9K units)
- Slovenia (9.7K units)
- Italy (9.6K units)
- Taiwan (Chinese) (7.2K units)
- Poland (4.7K units)
- Hungary (4.6K units)
- United States (3.5K units)
- France (2.9K units)
Exports of Instruments for Measuring Electrical Quantities in Serbia
In 2022, approx. 136K units of instruments for measuring electrical quantities were exported from Serbia; with an increase of 32% on the previous year's figure. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, instruments for measuring electrical quantities exports dropped markedly to $1.8M in 2022. Overall, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 647%. As a result, the exports attained the peak of $2.5M, and then declined markedly in the following year.
| Export of Instruments for Measuring Electrical Quantities in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,083 | 112 | 1,804 | 786 | -10.1% |
| Belgium | N/A | 0.9 | 219 | 210 | 1427.5% |
| Slovenia | 2.6 | 0.1 | 36.7 | 144 | 281.2% |
| Bosnia and Herzegovina | 73.5 | 54.5 | 59.7 | 105 | 12.6% |
| Italy | N/A | 0.1 | 16.6 | 96.9 | 3012.9% |
| Spain | N/A | N/A | 41.5 | 80.7 | 94.5% |
| Montenegro | 53.8 | 96.9 | 161 | 79.0 | 13.7% |
| Netherlands | N/A | N/A | N/A | 65.7 | 0% |
| Others | 76.5 | 65.0 | 118 | 195 | 36.6% |
| Total | 1,290 | 329 | 2,457 | 1,763 | 11.0% |
Top Export Markets for Instruments for Measuring Electrical Quantities from Serbia in 2022:
- Bosnia and Herzegovina (32.3K units)
- Italy (24.3K units)
- Slovenia (24.3K units)
- United States (21.7K units)
- Belgium (8.7K units)
- Spain (6.3K units)
- Netherlands (4.9K units)
- Montenegro (4.3K units)
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities in Serbia. 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 26514310 - Multimeters
- Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
- Prodcom 26514355 - Voltmeters
- Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
- Prodcom 26514300 -
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
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
-
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
-
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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
171
This report provides an in-depth analysis of the market for instruments for measuring electrical quantities in Serbia.
94
This report provides an in-depth analysis of the telecommunications instrument market in Serbia.
45
This report provides an in-depth analysis of the multimeter market in Serbia.
251
This report provides an in-depth analysis of the global market for instruments for measuring electrical quantities.
405
Global Electric Non-Recording Gains Measurer Market Report 2018. This report provides an in-depth analysis of the global market for electric non-recording gains measurer.
367
Global Voltmeter Market Report 2018. This report provides an in-depth analysis of the global voltmeter market.
416
This report provides an in-depth analysis of the global telecommunications instrument market.
614
This report provides an in-depth analysis of the global multimeter market.
362
Global Non-Electronic Electrical Measurer Market Report 2018. This report provides an in-depth analysis of the global non-electronic electrical measurer market.
379
Global Electronic Electricity Measurer Market Report 2018. This report provides an in-depth analysis of the global electronic electricity measurer market.
304
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
304
Explore the top import markets for telecommunications instruments and key statistics. Discover the leading countries and their import values according to the IndexBox market intelligence platform.
