India: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in India

The Indian liquid supply meter market surged to $X in 2021, picking up by 114% 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 saw a remarkable increase. Liquid supply meter consumption peaked in 2021 and is expected to retain growth in years to come.

Liquid Supply Meter Exports

Exports from India

Liquid supply meter exports from India soared to X units in 2021, growing by 52% on 2020 figures. Over the period under review, exports recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 611% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, liquid supply meter exports soared to $X in 2021. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 1,243% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nepal (X units), Bhutan (X units) and the United States (X units) were the main destinations of liquid supply meter exports from India, with a combined 77% share of total exports. These countries were followed by South Africa, Ghana, Switzerland and the UK, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of +269.4%), while the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Switzerland ($X) and Bhutan ($X) appeared to be the largest markets for liquid supply meter exported from India worldwide, with a combined 49% share of total exports.

In terms of the main countries of destination, Ghana, with a CAGR of +275.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average liquid supply meter export price stood at $X per unit in 2021, reducing by -7.9% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 an increase of 89% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Nepal ($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 Switzerland (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Supply Meter Imports

Imports into India

In 2021, imports of liquid supply or production meters into India soared to X units, with an increase of 108% on the year before. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 288%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, liquid supply meter imports skyrocketed to $X in 2021. Overall, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Turkey (X units) and Indonesia (X units) were the main suppliers of liquid supply meter imports to India, with a combined 92% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +1,370.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid supply meter suppliers to India were China ($X), Indonesia ($X) and Turkey ($X), together accounting for 72% of total imports.

In terms of the main suppliers, Indonesia, with a CAGR of +839.9%, 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

The average liquid supply meter import price stood at $X per unit in 2021, picking up by 2.4% against the previous year. In general, the import price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 43% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for Turkey ($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 (+10.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :