Denmark: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in Denmark

In 2023, after two years of decline, there was significant growth in the Danish electricity supply meter market, when its value increased by X% to $X. In general, consumption recorded a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2023, consumption stood at a somewhat lower figure.

Electricity Supply Meter Production in Denmark

In value terms, electricity supply meter production dropped to $X in 2023 estimated in export price. Overall, production, however, posted a significant increase. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Electricity supply meter production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

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Electricity Supply Meter Exports

Exports from Denmark

In 2023, approx. X units of electricity supply or production meters were exported from Denmark; which is down by X% compared with 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2022, and then declined markedly in the following year.

In value terms, electricity supply meter exports declined remarkably to $X in 2023. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2022, and then fell sharply in the following year.

Exports by Country

Switzerland (X units), Ireland (X units) and Norway (X units) were the main destinations of electricity supply meter exports from Denmark, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for electricity supply meter exported from Denmark were Switzerland ($X), Ireland ($X) and Norway ($X), together comprising X% of total exports.

Ireland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average electricity supply meter export price stood at $X per unit in 2023, increasing by X% against the previous year. Overall, the export price, however, recorded a slight contraction. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electricity Supply Meter Imports

Imports into Denmark

In 2023, the amount of electricity supply or production meters imported into Denmark expanded sharply to X units, surging by X% against the previous year. Overall, imports, however, continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, electricity supply meter imports dropped to $X in 2023. Over the period under review, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Italy (X units) and Sweden (X units) were the main suppliers of electricity supply meter imports to Denmark, with a combined X% share of total imports. Germany, Poland, the Netherlands, the UK and Greece lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Sweden ($X) and Poland ($X) constituted the largest electricity supply meter suppliers to Denmark, together accounting for X% of total imports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electricity supply meter import price stood at $X per unit in 2023, reducing by X% against the previous year. In general, the import price saw a pronounced setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform