Eastern Europe: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in Eastern Europe

The East European electricity supply meter market totaled $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2023 and is likely to see gradual growth in years to come.

Electricity Supply Meter Production in Eastern Europe

In value terms, electricity supply meter production reached $X in 2023 estimated in export price. The total production indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a somewhat lower figure.

Electricity Supply Meter Exports

Exports in Eastern Europe

In 2023, shipments abroad of electricity supply or production meters decreased by X% to X units, falling for the fourth consecutive year after six years of growth. Overall, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, electricity supply meter exports skyrocketed to $X in 2023. In general, exports, however, saw a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Poland (X units) was the major exporter of electricity supply or production meters, generating X% of total exports. It was distantly followed by Romania (X units), Slovakia (X units), Lithuania (X units) and the Czech Republic (X units), together comprising a X% share of total exports. The following exporters - Russia (X units) and Moldova (X units) - each finished at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to electricity supply meter exports from Poland stood at X%. At the same time, Lithuania (X%), Romania (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. Moldova experienced a relatively flat trend pattern. By contrast, Russia (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.), Lithuania (X p.p.), Slovakia (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Moldova (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest electricity supply meter supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Romania ($X), with a X% share of total exports. It was followed by Lithuania, with an X% share.

In Poland, electricity supply meter exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Romania (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Electricity Supply Meter Imports

Imports in Eastern Europe

In 2023, imports of electricity supply or production meters in Eastern Europe amounted to X units, surging by X% on the previous year's figure. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2023 and are expected to retain growth in the immediate term.

In value terms, electricity supply meter imports skyrocketed to $X in 2023. Over the period under review, imports enjoyed a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, Poland (X units), distantly followed by Lithuania (X units), the Czech Republic (X units), Romania (X units), Slovakia (X units), Hungary (X units) and Russia (X units) were the main importers of electricity supply or production meters, together constituting X% of total imports.

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

In value terms, Poland ($X), Lithuania ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2023, with a combined X% share of total imports.

Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, jumping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while the Czech Republic ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform