Denmark: Gas Supply Meter Market 2024

Gas Supply Meter Market Size in Denmark

After two years of decline, the Danish gas supply meter market increased by X% to $X in 2022. Over the period under review, consumption showed a noticeable expansion. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Gas Supply Meter Production in Denmark

In value terms, gas supply meter production rose significantly to $X in 2022 estimated in export price. In general, production saw a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Gas supply meter production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Gas Supply Meter Exports

Exports from Denmark

After five years of decline, shipments abroad of gas supply or production meters increased by X% to X units in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, gas supply meter exports surged to $X in 2022. Overall, exports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X units), the UK (X units) and Norway (X units) were the main destinations of gas supply meter exports from Denmark, together comprising X% of total exports. The United Arab Emirates, Germany, Turkey and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the UK ($X) and Poland ($X) appeared to be the largest markets for gas supply meter exported from Denmark worldwide, together comprising X% of total exports. The United Arab Emirates, the Netherlands, Turkey and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gas supply meter export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then contracted significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gas Supply Meter Imports

Imports into Denmark

In 2022, the amount of gas supply or production meters imported into Denmark reduced markedly to X units, declining by X% compared with the year before. Overall, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, gas supply meter imports dropped remarkably to $X in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Thailand (X units) and France (X units) were the main suppliers of gas supply meter imports to Denmark, with a combined X% share of total imports. The UK, China, Slovakia, Sweden and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of gas supply or production meters to Denmark, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Slovakia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Slovakia (X% per year).

Import Prices by Country

The average gas supply meter import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price saw significant growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, 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

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