Measuring Instrument Market Overview in France
In value terms, measuring instrument production rose rapidly to $ in 2019 estimated in export prices. Over the period under review, production posted a prominent expansion. The pace of growth was the most pronounced in 2013 when the production volume increased by % year-to-year. Over the period under review, production hit record highs in 2019 and is likely to continue growth in the near future.
The value of the measuring instrument market in France shrank slightly to $ in 2019, declining by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of % against the previous year. Measuring instrument consumption peaked at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.