Northern America: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in Northern America

The North American electricity supply meter market amounted to $X in 2023, stabilizing at the previous year. In general, consumption showed a strong increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Electricity Supply Meter Production in Northern America

In value terms, electricity supply meter production rose rapidly to $X in 2023 estimated in export price. Overall, production showed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Electricity Supply Meter Exports

Exports in Northern America

In 2023, approx. X units of electricity supply or production meters were exported in Northern America; jumping by X% compared with the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when exports increased by X%. The volume of export peaked at X units in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

In value terms, electricity supply meter exports surged to $X in 2023. In general, exports, however, saw a slight setback. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, reaching X units, which was approx. X% of total exports in 2023. It was distantly followed by Canada (X units), making up a X% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of electricity supply or production meters. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2023. Canada (X p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the United States ($X) remains the largest electricity supply meter supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in the United States stood at X%.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked 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 origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%).

Electricity Supply Meter Imports

Imports in Northern America

In 2023, the amount of electricity supply or production meters imported in Northern America soared to X units, picking up by X% on the previous year's figure. Total imports indicated a moderate expansion 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 2021 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electricity supply meter imports surged to $X in 2023. Total imports indicated a tangible increase 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, imports increased by X% against 2021 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, finishing at X units, which was near X% of total imports in 2023. It was distantly followed by Canada (X units), comprising a X% share of total imports.

The United States was also the fastest-growing in terms of the electricity supply or production meters imports, with a CAGR of X% from 2012 to 2023. Canada (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the United States increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported electricity supply or production meters in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, electricity supply meter imports expanded at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

In 2023, the import price in Northern America amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2023, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform