Latin America and the Caribbean: Liquid Supply Meter Market 2025

Liquid Supply Meter Market Size in Latin America and the Caribbean

The Latin American liquid supply meter market rose significantly to $X in 2021, growing by 11% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.1% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Liquid Supply Meter Production in Latin America and the Caribbean

In value terms, liquid supply meter production amounted to $X in 2021 estimated in export price. The total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -10.0% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 26% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Liquid Supply Meter Exports

Exports in Latin America and the Caribbean

In 2021, the amount of liquid supply or production meters exported in Latin America and the Caribbean expanded notably to X units, rising by 13% compared with 2020. The total export volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 52% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, liquid supply meter exports rose significantly to $X in 2021. The total export value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 16%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Mexico (X units) and Brazil (X units) was the main exporter of liquid supply or production meters in Latin America and the Caribbean, comprising 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of +5.7%).

In value terms, Mexico ($X) remains the largest liquid supply meter supplier in Latin America and the Caribbean, comprising 76% of total exports. The second position in the ranking was taken by Brazil ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico amounted to +1.6%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, declining by -5.1% against the previous year. Over the period under review, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2017 when the export price increased by 8.4%. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Brazil stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (-1.6%).

Liquid Supply Meter Imports

Imports in Latin America and the Caribbean

In 2021, purchases abroad of liquid supply or production meters was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports enjoyed a pronounced increase. The growth pace was the most rapid in 2015 with an increase of 552% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid supply meter imports stood at $X in 2021. In general, imports, however, continue to indicate a slight descent. The pace of growth was the most pronounced in 2018 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Paraguay (X units) was the largest importer of liquid supply or production meters, achieving 54% of total imports. It was distantly followed by Mexico (X units), Colombia (X units), Peru (X units) and Brazil (X units), together mixing up a 32% share of total imports. Chile (X units) and Ecuador (X units) held a relatively small share of total imports.

Imports into Paraguay increased at an average annual rate of +8.5% from 2012 to 2021. At the same time, Chile (+12.4%), Mexico (+8.8%), Brazil (+6.1%), Colombia (+2.5%) and Peru (+1.6%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +12.4% from 2012-2021. By contrast, Ecuador (-3.1%) illustrated a downward trend over the same period. Paraguay (+15 p.p.), Mexico (+4.6 p.p.) and Chile (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while Peru and Ecuador saw its share reduced by -1.6% and -2.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X), Mexico ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, together comprising 51% of total imports. These countries were followed by Peru, Chile, Ecuador and Paraguay, which together accounted for a further 24%.

Paraguay, with a CAGR of +13.4%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 Latin America and the Caribbean stood at $X per unit in 2021, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the import price increased by 175% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 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 Brazil ($X per unit), while Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+4.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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