Report Update Feb 1, 2025

Philippines - Gas Supply or Production Meters - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Gas Supply Meter Market 2025

Gas Supply Meter Market Size in the Philippines

The Philippine gas supply meter market rose significantly to $X in 2021, increasing by 9% 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 relatively flat trend pattern. Gas supply meter consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Gas Supply Meter Exports

Exports from the Philippines

In 2021, the amount of gas supply or production meters exported from the Philippines fell rapidly to X units, dropping by -92.3% against 2020 figures. Over the period under review, exports showed a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 1,300% against the previous year. As a result, the exports attained the peak of X units, and then shrank significantly in the following year.

In value terms, gas supply meter exports contracted significantly to $X in 2021. Overall, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 429%. As a result, the exports reached the peak of $X, and then declined remarkably in the following year.

Exports by Country

Singapore (X units) was the main destination for gas supply meter exports from the Philippines, with a approx. 93% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore amounted to +3.0%.

In value terms, Singapore ($X) remains the key foreign market for gas supply or production meters exports from the Philippines, comprising 79% of total exports. The second position in the ranking was taken by Germany ($X), with a 0.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at -2.5%.

Export Prices by Country

The average gas supply meter export price stood at $X per unit in 2021, which is down by -5.5% against the previous year. Over the period under review, the export price showed a slight decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 224% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Singapore totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+6.9%), while the prices for the other major destinations experienced a decline.

Gas Supply Meter Imports

Imports into the Philippines

In 2021, approx. X units of gas supply or production meters were imported into the Philippines; picking up by 9.6% on the year before. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 88%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, gas supply meter imports dropped rapidly to $X in 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 96% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Australia (X units) were the main suppliers of gas supply meter imports to the Philippines, together comprising 78% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Australia ($X) and Japan ($X) constituted the largest gas supply meter suppliers to the Philippines, with a combined 69% share of total imports.

Among the main suppliers, Australia, with a CAGR of +18.2%, 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

In 2021, the average gas supply meter import price amounted to $X per unit, falling by -23.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gas supply or production meters in the world?

The country with the largest volume of gas supply meter consumption was China, comprising approx. 26% of total volume. Moreover, gas supply meter consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of gas supply or production meters in the world?

China constituted the country with the largest volume of gas supply meter production, comprising approx. 29% of total volume. Moreover, gas supply meter production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of gas supply or production meters to the Philippines?

In value terms, Japan constituted the largest supplier of gas supply meter to the Philippines, comprising 47% of total imports. The second position in the ranking was occupied by the United States, with a 16% share of total imports. It was followed by Israel, with a 9.4% share.

What are the leading importers of gas supply or production meters from the Philippines?

In value terms, Germany remains the key foreign market for gas supply meter exports from the Philippines.

What is the average export price for gas supply or production meters in the Philippines?

In 2020, the average gas supply meter export price amounted to $629 per unit, growing by 26% against the previous year.

What is the average import price for gas supply or production meters in the Philippines?

The average gas supply meter import price stood at $222 per unit in 2020, rising by 89% against the previous year.

This report provides an in-depth analysis of the gas supply meter market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26516330 - Gas supply or production meters (including calibrated)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024