Liquid flow and level instruments market in Italy

Earlier Report Observations

The Italian market for liquid flow and level instruments expanded from US$ 93.6 million in 2018 to US$ 196.6 million in 2021. This growth was initiated by regulatory foundations, including decree 93/2017 which tightened controls and supervision of measuring instruments, and the adoption of industry-specific standards like ISO TS 16969 for automotive and IFS/GMP for food and pharmaceutical sectors, driving demand for compliant devices. A reported significant turnover increase in flow and level measurement segments in 2021 further accelerated the market's expansion.

Following a stabilization in 2022 at US$ 193.4 million, the market resumed growth to US$ 217.8 million in 2023. This upturn was supported by Yokogawa's launch of next-generation distributed control instrumentation systems for large-scale industrial automation and consolidation activities in the instrumentation services market, which expanded geographic reach and service diversification.

In 2024, the market reached US$ 271.2 million. Key drivers included Honeywell's implementation of wireless gas monitoring systems across 120 industrial sites, updated procedures for the periodic verification of measuring instruments under Legislative Decree 103/2024, and rising demand for smart, precise devices integrating AI for predictive maintenance, as seen with Siemens' electromagnetic flowmeters.

Production liquid flow and level instruments in Italy

In value, 2017-2020, M $ US

Italy's production of liquid flow and level instruments rebounded after a two-year decline. In 2019, output reached its lowest point at 87.1 million US dollars, but then surged by 50.3% in 2020 to 130.9 million US dollars. Over the 2017-2020 period, production grew by 38%, with an average annual growth rate of 11.3%. The most significant drop occurred in 2019, when production fell by 5.6%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

In kind, 2017-2020, K unit

Production volumes showed considerable volatility during this period. In 2019, output hit its lowest level at 2 388 thousand units, but then skyrocketed by 250.8% year-over-year in 2020 to 8 377 thousand units. This represents a 3.5-fold increase from the 2019 trough to the 2020 peak. The steepest decline was recorded in 2018, when production fell by 32.1%.

Annual dynamics of production in Italy in kind, 2017-2020, K unit

Exports liquid flow and level instruments from Italy

Exports in kind, K unit

Italy's exports of liquid flow and level instruments declined for the second consecutive year. In 2020, export volumes reached 4 304 thousand units, down 3.9% from 2019. However, looking at the broader 2017-2020 period, exports actually increased by 14.5%, translating to an average annual growth rate of 4.6%. The highest export volume was recorded in 2018 at 4 536 thousand units, which represented a 20.7% increase that year.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K unit

Between 2017 and 2020, Italy's liquid flow and level instruments reached numerous international markets. Even the top three destinations - Romania, Germany, and France - collectively accounted for just 34.4% of total export volumes, indicating a highly diversified export portfolio.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's export value of liquid flow and level instruments showed strong growth in 2020, reaching 155.2 million US dollars - a robust 12.1% increase over the previous year. Over the 2017-2020 period, export value grew by 13.3%, with an average annual growth rate of 4.2%. The peak value occurred in 2018 at 167.6 million US dollars, which represented a 22.3% increase that year. The most significant decline happened in 2019, when export value fell by 17.4%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

Analysis of export values from 2017 to 2020 reveals a widely distributed market structure. The top three destinations - Germany (7.0% of export value), France (6.9%), and the United States (6.8%) - together accounted for only 20.7% of total export value, while the remaining 79.3% went to numerous other trading partners.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports liquid flow and level instruments to Italy

Imports in kind, K unit

Italy's import volumes of liquid flow and level instruments showed modest growth in 2020, reaching 4 493 thousand units - a 4.7% increase over 2019. Over the 2017-2020 period, import volumes grew by 11.5%, with an average annual growth rate of 3.7%. The highest import volume was recorded in 2018 at 4 864 thousand units, which represented a 20.7% increase that year. The most significant decline occurred in 2019, when imports fell by 11.8%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K unit

From 2017 to 2020, Switzerland (40.9% of import volumes), Germany (17.0%), and France (15.8%) remained Italy's primary suppliers of liquid flow and level instruments. Together, these three countries accounted for 73.7% of Italy's total import volumes during this period.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

After two years of growth, Italy's import value of liquid flow and level instruments declined in 2020, reaching 164.0 million US dollars - a 4.2% decrease from the previous year. However, over the broader 2017-2020 period, import value still increased by 9.4%, with an average annual growth rate of 3.0%. The peak import value was recorded in 2019 at 171.2 million US dollars. The strongest growth occurred in 2018, when import value increased by 12.6%.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

Between 2017 and 2020, Germany (30.4% of import value), France (16.2%), and the United States (9.9%) continued to dominate as Italy's main suppliers of liquid flow and level instruments. Collectively, these three countries accounted for 56.5% of Italy's total import value during this period.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020