Ireland: Electricity Supply Meter Market 2025

Electricity Supply Meter Market Size in Ireland

For the fourth consecutive year, the Irish electricity supply meter market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption, however, posted a significant increase. Electricity supply meter consumption peaked in 2022 and is expected to retain growth in the immediate term.

Electricity Supply Meter Exports

Exports from Ireland

In 2022, shipments abroad of electricity supply or production meters decreased by X% to X units, falling for the third consecutive year after two years of growth. Over the period under review, exports saw a strong increase. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, electricity supply meter exports amounted to $X in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for electricity supply meter exports from Ireland, accounting for a X% share of total exports. Moreover, electricity supply meter exports to the UK exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average electricity supply meter export price stood at $X per unit in 2022, approximately equating the previous year. Overall, the export price showed buoyant growth. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and the UK ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Austria ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electricity Supply Meter Imports

Imports into Ireland

In 2022, overseas purchases of electricity supply or production meters decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, electricity supply meter imports amounted to $X in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Denmark (X units), France (X units) and the United States (X units) were the main suppliers of electricity supply meter imports to Ireland, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest electricity supply meter suppliers to Ireland were France ($X), Denmark ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, Denmark, with a CAGR of X%, recorded the highest growth rate of 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 electricity supply meter import price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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