Finland: Gas Supply Meter Market 2025

Gas Supply Meter Market Size in Finland

The Finnish gas supply meter market skyrocketed to $X in 2021, with an increase of 75% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a dramatic setback. Gas supply meter consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Gas Supply Meter Exports

Exports from Finland

In 2021, gas supply meter exports from Finland skyrocketed to X units, growing by 92% on 2020. In general, exports recorded a tangible expansion. The pace of growth was the most pronounced in 2020 with an increase of 539%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, gas supply meter exports fell to $X in 2021. Overall, exports, however, faced a sharp shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 1,819% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for gas supply meter exports from Finland, with a 60% share of total exports. Moreover, gas supply meter exports to the United Arab Emirates exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was held by Estonia (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +47.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7,000.0% per year) and Estonia (+16.7% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for gas supply or production meters exports from Finland, comprising 66% of total exports. The second position in the ranking was held by Sweden ($X), with a 10% share of total exports. It was followed by Estonia, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +61.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+259.2% per year) and Estonia (+16.9% per year).

Export Prices by Country

The average gas supply meter export price stood at $X per unit in 2021, dropping by -54.3% against the previous year. In general, the export price saw a dramatic curtailment. The pace of growth was the most pronounced in 2018 an increase of 383%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+4,455.7%), while the prices for the other major destinations experienced more modest paces of growth.

Gas Supply Meter Imports

Imports into Finland

In 2021, overseas purchases of gas supply or production meters increased by 67% to X units, rising for the fifth consecutive year after two years of decline. In general, imports posted temperate growth. The pace of growth was the most pronounced in 2014 when imports increased by 146%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, gas supply meter imports surged to $X in 2021. Overall, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 115%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of gas supply meter to Finland, accounting for a 60% share of total imports. Moreover, gas supply meter imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), fourfold. The United States (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+70.4% per year) and the United States (+14.4% per year).

In value terms, the largest gas supply meter suppliers to Finland were Germany ($X), Sweden ($X) and the United States ($X), with a combined 85% share of total imports.

In terms of the main suppliers, Sweden, with a CAGR of +71.2%, recorded 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

In 2021, the average gas supply meter import price amounted to $X per unit, growing by 23% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 69%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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