MERCOSUR: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in MERCOSUR

The MERCOSUR electricity supply meter market reduced slightly to $X in 2023, shrinking 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 in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Electricity Supply Meter Production in MERCOSUR

In value terms, electricity supply meter production fell modestly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with only minor fluctuations in certain years. 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 MERCOSUR

In 2023, the amount of electricity supply or production meters exported in MERCOSUR rose slightly to X units, picking up by X% against 2022 figures. Overall, exports, however, showed a perceptible curtailment. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, electricity supply meter exports soared to $X in 2023. In general, exports, however, recorded a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Brazil (X units), together recording X% of total export.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of electricity supply or production meters. From 2012 to 2023, the share of Brazil increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) also remains the largest electricity supply meter supplier in MERCOSUR.

In Brazil, electricity supply meter exports contracted by an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in MERCOSUR amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2023, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From 2012 to 2023, the rate of growth in terms of prices for Brazil amounted to X% per year.

Electricity Supply Meter Imports

Imports in MERCOSUR

In 2023, supplies from abroad of electricity supply or production meters decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Total imports indicated a pronounced increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2022, and then shrank in the following year.

In value terms, electricity supply meter imports rose to $X in 2023. Total imports indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see gradual growth in years to come.

Imports by Country

The countries with the highest levels of electricity supply meter imports in 2023 were Colombia (X units), Peru (X units), Argentina (X units) and Chile (X units), together reaching X% of total import. Ecuador (X units) ranks next in terms of the total imports with a X% share, followed by Uruguay (X%).

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

In value terms, Argentina ($X), Colombia ($X) and Chile ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

In terms of the main importing countries, Argentina, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 MERCOSUR amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per unit), while Peru ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform