Liquid meters market in Italy

Earlier Report Observations

Between 2018 and 2024, the Italian liquid meters market experienced considerable volatility, ending the period at $204.9 million, a 5.8% increase from the $193.7 million recorded in 2018. The market's path was marked by alternating declines and recoveries, reflecting its sensitivity to broader economic and industry conditions.

A sharp contraction to $137.8 million in 2019 was followed by a rebound to $173.5 million in 2020. Subsequent years saw another cycle, with the market falling in 2021, rising in 2022, and then dropping to a low of $129.6 million in 2023.

The market value surged by 58.1% to $204.9 million in 2024. This sharp increase coincided with reported growth in the European liquid flow meter market, suggesting a region-wide positive trend influenced the Italian segment.

Production liquid meters in Italy

In value, 2017-2020, M $ US

In 2018, Italy's output of liquid meters reached its peak value of 275.5 million US dollars. This was followed by a significant decline of 19.9% in 2019, bringing the value down to 220.8 million US dollars. In 2020, production rebounded with a 10.8% increase, reaching 244.7 million US dollars.

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

In kind, 2017-2020, K unit

Production of liquid meters in Italy showed substantial fluctuations during this period. In 2017, output hit its lowest point, while 2019 saw the peak at 34 633 thousand units, representing a remarkable 166.6% increase from the previous year. By 2020, production had decreased by 6.9% to 32 248 thousand units. Overall, production varied by a factor of 3.3 between the 2017 trough and 2019 peak.

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

Exports liquid meters from Italy

Exports in kind, K unit

Italy's exports of liquid meters reached their highest level in 2019 at 5 245 thousand units, marking a 14.5% increase from the previous year. The lowest export volume occurred in 2018 at 4 583 thousand units. In 2020, exports declined to 4 658 thousand units, representing an 11.2% decrease from 2019. Between 2017 and 2020, exports decreased by 2.2%, equivalent to an annualized decline of 0.7%.

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

From 2017 to 2020, Italy's exports of liquid meters were distributed across a wide range of markets. Germany accounted for 20.3% of exports, France for 13.8%, and Poland for 10.9%. Together, these three countries represented 44.9% of total export flows, with the remaining 55.1% shared among numerous other countries.

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 meters showed mixed performance during this period. In 2018, exports increased by 6.1%, reaching their peak of 103.9 million US dollars in 2019. However, in 2020, export value declined by 7.9% to 95.7 million US dollars.

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

Between 2017 and 2020, Italy's exports of liquid meters in value terms were spread across many different markets. France was the largest destination with 16.9% of export value, followed by Germany with 11.3% and Spain with 10.1%. These three countries together accounted for 38.3% of total export flows.

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 meters to Italy

Imports in kind, K unit

Italy's imports of liquid meters in kind reached their lowest point in 2018 at 448 thousand units, representing a 21.3% decline from the previous year. Imports then increased by 9.7% in 2019. In 2020, imports continued to grow, reaching 503 thousand units with a 2.3% increase. Overall, between 2017 and 2020, imports decreased by 11.6%, equivalent to an annualized decline of 4.0%.

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

From 2017 to 2020, China dominated Italy's imports of liquid meters in kind, accounting for 51.6% of total imports. Germany followed with 16.6%, and Slovakia with 12.0%. Together, these three countries represented 80.2% of Italy's total import flows in kind.

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

Italy's import value of liquid meters declined in 2018 by 4.7%, reaching its lowest point of 20.9 million US dollars in 2019. In 2020, imports rebounded strongly with a 17.3% increase to 24.5 million US dollars. Over the entire 2017-2020 period, imports increased by 11.1%, representing a compound annual growth rate of 3.6%.

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

Between 2017 and 2020, Germany was Italy's largest supplier of liquid meters in value terms, accounting for 27.0% of imports. China followed closely with 25.8%, and the United States with 17.1%. Together, these three countries accounted for 69.9% of Italy's total import value for liquid meters.

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

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