France: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in France

In 2023, the French electricity supply meter market increased by X% to $X, rising for the second year in a row after three years of decline. In general, consumption continues to indicate a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2023, the growth of the market remained at a lower figure.

Electricity Supply Meter Production in France

In value terms, electricity supply meter production fell modestly to $X in 2023 estimated in export price. Over the period under review, production, however, posted prominent growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Electricity supply meter production peaked at $X in 2018; however, from 2019 to 2023, production stood at a somewhat lower figure.

Electricity Supply Meter Exports

Exports from France

In 2023, after three years of growth, there was decline in shipments abroad of electricity supply or production meters, when their volume decreased by X% to X units. Over the period under review, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2022, and then contracted modestly in the following year.

In value terms, electricity supply meter exports expanded slightly to $X in 2023. Overall, exports, however, posted strong growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Romania (X units), Belgium (X units) and Lithuania (X units) were the main destinations of electricity supply meter exports from France, together comprising X% 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 Lithuania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Lithuania ($X) and Romania ($X) appeared to be the largest markets for electricity supply meter exported from France worldwide, together accounting for X% of total exports.

Among the main countries of destination, Lithuania, 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 2023, the average electricity supply meter export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 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 the UK ($X per unit), while the average price for exports to Romania ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electricity Supply Meter Imports

Imports into France

Electricity supply meter imports into France expanded sharply to X units in 2023, growing by X% on the previous year. In general, imports showed a strong increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the near future.

In value terms, electricity supply meter imports surged to $X in 2023. Overall, imports recorded a prominent increase. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, Tunisia (X units) constituted the largest electricity supply meter supplier to France, accounting for a X% share of total imports. Moreover, electricity supply meter imports from Tunisia exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Tunisia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

In value terms, Tunisia ($X) constituted the largest supplier of electricity supply or production meters to France, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Tunisia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Poland (X% per year).

Import Prices by Country

In 2023, the average electricity supply meter import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price saw a perceptible increase. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 Indonesia ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform