Benelux: Gas Supply Meter Market 2025

Gas Supply Meter Market Size in Benelux

The Benelux gas supply meter market reached $X in 2021, approximately equating the previous year. Over the period under review, consumption, however, enjoyed a buoyant expansion. The level of consumption peaked in 2021 and is likely to continue growth in years to come.

Gas Supply Meter Production in Benelux

In value terms, gas supply meter production stood at $X in 2021 estimated in export price. Overall, production enjoyed significant growth. The growth pace was the most rapid in 2016 when the production volume increased by 134% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Gas Supply Meter Exports

Exports in Benelux

In 2021, exports of gas supply or production meters in Benelux declined slightly to X units, falling by -4.6% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 192% against the previous year. As a result, the exports attained the peak of X units, and then dropped slightly in the following year.

In value terms, gas supply meter exports dropped notably to $X in 2021. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 36%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from the Netherlands (X units), together reaching 99% of total export.

The Netherlands was also the fastest-growing in terms of the gas supply or production meters exports, with a CAGR of +23.8% from 2012 to 2021. While the share of the Netherlands (+55 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) also remains the largest gas supply meter supplier in Benelux.

In the Netherlands, gas supply meter exports declined by an average annual rate of -2.7% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, waning by -21.5% against the previous year. Overall, the export price continues to indicate a dramatic setback. The most prominent rate of growth was recorded in 2016 an increase of 30% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to -21.5% per year.

Gas Supply Meter Imports

Imports in Benelux

In 2021, the amount of gas supply or production meters imported in Benelux shrank markedly to X units, with a decrease of -66.1% against 2020. Over the period under review, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year. As a result, imports attained the peak of X units, and then shrank sharply in the following year.

In value terms, gas supply meter imports reduced sharply to $X in 2021. In general, imports saw a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of 45% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X units) represented the key importer of gas supply or production meters, committing 68% of total imports. Belgium (X units) ranks second in terms of the total imports with a 26% share, followed by Luxembourg (6.2%).

From 2012 to 2021, average annual rates of growth with regard to gas supply meter imports into the Netherlands stood at +3.1%. At the same time, Luxembourg (+7.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +7.8% from 2012-2021. By contrast, Belgium (-2.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+9 p.p.) and Luxembourg (+2.6 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-11.6 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported gas supply or production meters in Benelux, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at -7.4%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-13.1% per year) and Luxembourg (+9.1% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, picking up by 17% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Luxembourg ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Luxembourg (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform