Global Electricity Supply Meter Market 2024

Electricity Supply Meter Market Size

The global electricity supply meter market declined to $X in 2023, reducing by X% against the previous year. Overall, the total consumption indicated a prominent expansion 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, consumption decreased by X% against 2021 indices. Global consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Electricity Supply Meter Production

In value terms, electricity supply meter production stood at $X in 2023 estimated in export price. Over the period under review, the total production indicated strong 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, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, global production attained the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

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Electricity Supply Meter Exports

Exports

In 2023, global exports of electricity supply or production meters soared to X units, growing by X% compared with 2022. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2023 and are likely to see steady growth in the immediate term.

In value terms, electricity supply meter exports skyrocketed to $X in 2023. Over the period under review, total exports indicated a resilient expansion 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, exports increased by X% against 2021 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, reaching X units, which was near X% of total exports in 2023. It was distantly followed by Mexico (X units), achieving an X% share of total exports. Poland (X units), France (X units), Tunisia (X units), Slovenia (X units), Greece (X units), the United States (X units) and Romania (X units) took a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to electricity supply meter exports from China stood at X%. At the same time, Romania (X%), Greece (X%), France (X%), Poland (X%), Mexico (X%), Tunisia (X%) and Slovenia (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. The United States experienced a relatively flat trend pattern. From 2012 to 2023, the share of China, Romania and Greece increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electricity supply meter supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Mexico ($X), with a X% share of global exports. It was followed by Poland, with a X% share.

In China, electricity supply meter exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mexico (X% per year) and Poland (X% per year).

Export Prices by Country

In 2023, the average electricity supply meter export price amounted to $X per unit, leveling off at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while China ($X per unit) was amongst the lowest.

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

Electricity Supply Meter Imports

Imports

For the third consecutive year, the global market recorded growth in overseas purchases of electricity supply or production meters, which increased by X% to X units in 2023. Over the period under review, imports continue to indicate resilient growth. The growth pace was the most rapid in 2017 when imports increased by X%. Global imports peaked in 2023 and are expected to retain growth in years to come.

In value terms, electricity supply meter imports soared to $X in 2023. Overall, total imports indicated a buoyant expansion 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 countries with the highest levels of electricity supply meter imports in 2023 were the United States (X units), the Netherlands (X units), Italy (X units), Germany (X units) and France (X units), together amounting to X% of total import. The UK (X units), Thailand (X units), Poland (X units), Austria (X units), Bangladesh (X units), Sweden (X units), Lithuania (X units) and Spain (X units) held a relatively small share of total imports.

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

In value terms, the United States ($X) constitutes the largest market for imported electricity supply or production meters worldwide, comprising X% of global imports. The second position in the ranking was held by Italy ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value in the United States stood at X%. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the average electricity supply meter import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Global import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Austria ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform