Europe: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Europe

For the fifth year in a row, the Europe liquid supply meter market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated perceptible growth 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 increased by X% against 2015 indices. The level of consumption peaked in 2022 and is likely to see gradual growth in the near future.

Liquid Supply Meter Production in Europe

In value terms, liquid supply meter production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Liquid Supply Meter Exports

Exports in Europe

In 2022, shipments abroad of liquid supply or production meters increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, liquid supply meter exports expanded sharply to $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the four major exporters of liquid supply or production meters, namely Italy, Germany, France and Poland, represented more than two-thirds of total export. Slovakia (X units) ranks next in terms of the total exports with an X% share, followed by Hungary (X%). The following exporters - the UK (X units) and Russia (X units) - each reached a X% share of total exports.

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

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Poland, Slovakia, Russia, the UK and Hungary lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, remaining relatively unchanged against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price 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, liquid supply meter export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Liquid Supply Meter Imports

Imports in Europe

In 2022, liquid supply meter imports in Europe dropped to X units, waning by X% on 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, liquid supply meter imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Russia was the main importing country with an import of around X units, which recorded X% of total imports. France (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Germany (X%), Spain (X%) and the UK (X%). Austria (X units), Poland (X units), Italy (X units), the Czech Republic (X units), Hungary (X units), Romania (X units), the Netherlands (X units) and Ukraine (X units) took a relatively small share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Austria (X%), Ukraine (X%), Hungary (X%), France (X%), Romania (X%), Italy (X%), the Netherlands (X%) and Spain (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, the UK (X%), Germany (X%), the Czech Republic (X%) and Poland (X%) illustrated a downward trend over the same period. Russia (X p.p.), France (X p.p.) and Austria (X p.p.) significantly strengthened its position in terms of the total imports, while Germany and Poland 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, Germany ($X), France ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Poland, Russia, Austria, Italy, the Czech Republic, Romania, the Netherlands, Hungary and Ukraine lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw 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

The import price in Europe stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

Source: IndexBox Platform

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