Scandinavia: Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size in Scandinavia

In 2023, the Scandinavia electricity supply meter market increased by X% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption recorded a moderate expansion. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Electricity Supply Meter Production in Scandinavia

In value terms, electricity supply meter production contracted to $X in 2023 estimated in export price. In general, production continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Electricity Supply Meter Exports

Exports in Scandinavia

Electricity supply meter exports soared to X units in 2023, rising by X% compared with 2022 figures. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

In value terms, electricity supply meter exports skyrocketed to $X in 2023. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum in 2023 and are expected to retain growth in the near future.

Exports by Country

Finland represented the largest exporter of electricity supply or production meters in Scandinavia, with the volume of exports recording X units, which was near X% of total exports in 2023. It was distantly followed by Sweden (X units), committing a X% share of total exports.

Finland was also the fastest-growing in terms of the electricity supply or production meters exports, with a CAGR of X% from 2012 to 2023. At the same time, Sweden (X%) displayed positive paces of growth. From 2012 to 2023, the share of Finland increased by X percentage points.

In value terms, Finland ($X) remains the largest electricity supply meter supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with an X% share of total exports.

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

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per unit, increasing by X% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Finland totaled $X per unit.

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

Electricity Supply Meter Imports

Imports in Scandinavia

In 2023, supplies from abroad of electricity supply or production meters increased by X% to X units, rising for the fourth year in a row after two years of decline. Over the period under review, imports enjoyed a buoyant increase. 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 hit record highs in 2023 and are likely to see gradual growth in years to come.

In value terms, electricity supply meter imports surged to $X in 2023. In general, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in years to come.

Imports by Country

Sweden represented the largest importer of electricity supply or production meters in Scandinavia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2023. It was distantly followed by Finland (X units) and Norway (X units), together achieving a X% share of total imports.

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

In value terms, Sweden ($X) constitutes the largest market for imported electricity supply or production meters in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2023, approximately equating the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

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

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

Source: IndexBox Platform