EU: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in the EU

The EU liquid supply meter market surged to $X in 2021, increasing by 23% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +22.2% against 2017 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to continue growth in years to come.

Liquid Supply Meter Production in the EU

In value terms, liquid supply meter production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Liquid Supply Meter Exports

Exports in the EU

In 2021, after three years of decline, there was significant growth in overseas shipments of liquid supply or production meters, when their volume increased by 18% to X units. The total export volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, liquid supply meter exports soared to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Italy (X units), France (X units), Germany (X units) and Poland (X units) represented the major exporter of liquid supply or production meters in the European Union, mixing up 78% of total export. It was distantly followed by Slovakia (X units), comprising an 8% share of total exports. Hungary (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Spain (with a CAGR of +40.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest liquid supply meter supplying countries in the European Union were Germany ($X), Italy ($X) and France ($X), together accounting for 66% of total exports. These countries were followed by Slovakia, Poland, Hungary and Spain, which together accounted for a further 25%.

Spain, with a CAGR of +30.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, increasing by 2% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2018 when the export price increased by 5.4%. Over the period under review, the export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+10.4%), while the other leaders experienced mixed trends in the export price figures.

Liquid Supply Meter Imports

Imports in the EU

After two years of decline, overseas purchases of liquid supply or production meters increased by 25% to X units in 2021. The total import volume increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, liquid supply meter imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, France (X units) and Germany (X units) represented the major importers of liquid supply or production meters in the European Union, together generating 45% of total imports. Poland (X units) held the next position in the ranking, followed by Spain (X units), the Czech Republic (X units) and Austria (X units). All these countries together held approx. 30% share of total imports. Romania (X units), the Netherlands (X units), Hungary (X units), Italy (X units), Denmark (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by France (with a CAGR of +15.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid supply meter importing markets in the European Union were Germany ($X), France ($X) and Spain ($X), with a combined 50% share of total imports. These countries were followed by Poland, Austria, Italy, the Czech Republic, Romania, the Netherlands, Denmark, Slovakia and Hungary, which together accounted for a further 34%.

Among the main importing countries, Romania, with a CAGR of +12.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, shrinking by -3.8% against the previous year. In general, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2018 an increase of 5% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 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 Italy ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+5.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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