Australia and Oceania: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Australia and Oceania

After four years of growth, the liquid supply meter market in Australia and Oceania decreased by -9.6% to $X in 2021. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +44.2% against 2016 indices. Over the period under review, the market hit record highs at $X in 2020, and then fell in the following year.

Liquid Supply Meter Production in Australia and Oceania

In value terms, liquid supply meter production dropped rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 46% against the previous year. As a result, production attained the peak level of $X, and then declined sharply in the following year.

Liquid Supply Meter Exports

Exports in Australia and Oceania

In 2021, approx. X units of liquid supply or production meters were exported in Australia and Oceania; surging by 4.5% compared with 2020 figures. In general, exports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of 60%. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, liquid supply meter exports contracted to $X in 2021. Total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -32.7% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 82% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, New Zealand (X units) and Australia (X units) was the largest exporter of liquid supply or production meters in Australia and Oceania, comprising 99% of total export.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +11.8%).

In value terms, the largest liquid supply meter supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

In terms of the main exporting countries, Australia, with a CAGR of +13.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, dropping by -4.6% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+11.9%).

Liquid Supply Meter Imports

Imports in Australia and Oceania

In 2021, overseas purchases of liquid supply or production meters decreased by -17.5% to X units for the first time since 2011, thus ending a nine-year rising trend. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. The volume of import peaked at X units in 2020, and then contracted rapidly in the following year.

In value terms, liquid supply meter imports declined to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 21% against the previous year. The level of import peaked at $X in 2020, and then shrank modestly in the following year.

Imports by Country

Australia represented the key importing country with an import of about X units, which resulted at 72% of total imports. It was distantly followed by New Zealand (X units), creating a 23% share of total imports. The following importers - New Caledonia (X units) and Papua New Guinea (X units) - together made up 4.2% of total imports.

From 2012 to 2021, average annual rates of growth with regard to liquid supply meter imports into Australia stood at +5.3%. At the same time, Papua New Guinea (+22.1%), New Zealand (+15.6%) and New Caledonia (+5.8%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +22.1% from 2012-2021. New Zealand (+11 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -10.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported liquid supply or production meters in Australia and Oceania, comprising 73% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 21% share of total imports. It was followed by Papua New Guinea, with a 2.1% share.

In Australia, liquid supply meter imports increased at an average annual rate of +3.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: New Zealand (+14.3% per year) and Papua New Guinea (+12.6% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, picking up by 19% against the previous year. Overall, the import price, however, saw a mild downturn. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Papua New Guinea ($X per unit), while New Caledonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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