Asia-Pacific: Gas Supply Meter Market 2024

Gas Supply Meter Market Size in Asia-Pacific

The Asia-Pacific gas supply meter market contracted to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Gas Supply Meter Production in Asia-Pacific

In value terms, gas supply meter production stood at $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; afterwards, it flattened through to 2022.

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Gas Supply Meter Exports

Exports in Asia-Pacific

In 2022, exports of gas supply or production meters in Asia-Pacific skyrocketed to X units, rising by X% on the year before. Overall, exports recorded a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gas supply meter exports totaled $X in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, China (X units) represented the main exporter of gas supply or production meters, mixing up X% of total exports. Thailand (X units) held the second position in the ranking, followed by Malaysia (X units). All these countries together held approx. X% share of total exports. Vietnam (X units), Japan (X units), South Korea (X units) and India (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to gas supply meter exports from China stood at X%. At the same time, Thailand (X%), Vietnam (X%), India (X%), Malaysia (X%) and Japan (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. While the share of Thailand (X p.p.), Malaysia (X p.p.), Vietnam (X p.p.) and India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest gas supply meter supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In China, gas supply meter exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, posted tangible growth. The growth pace was the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Gas Supply Meter Imports

Imports in Asia-Pacific

In 2022, the amount of gas supply or production meters imported in Asia-Pacific dropped rapidly to X units, with a decrease of X% against 2021. Over the period under review, imports, however, showed buoyant growth. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, gas supply meter imports dropped dramatically to $X in 2022. Total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India represented the key importer of gas supply or production meters in Asia-Pacific, with the volume of imports amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Pakistan (X units), Taiwan (Chinese) (X units), China (X units), Indonesia (X units), Bangladesh (X units) and Singapore (X units), together achieving a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Pakistan (X%), Bangladesh (X%), China (X%), Taiwan (Chinese) (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Singapore experienced a relatively flat trend pattern. India (X p.p.), Pakistan (X p.p.), Bangladesh (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Taiwan (Chinese) ($X) constitutes the largest market for imported gas supply or production meters in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Taiwan (Chinese), gas supply meter imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the import price saw a perceptible decrease. The growth pace was the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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