Scandinavia: Electricity Supply Meter Market 2025

Electricity Supply Meter Market Size in Scandinavia

In 2022, the Scandinavia electricity supply meter market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, consumption showed a tangible increase. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Electricity Supply Meter Production in Scandinavia

In value terms, electricity supply meter production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Electricity Supply Meter Exports

Exports in Scandinavia

Electricity supply meter exports surged to X units in 2022, jumping by X% against the previous year's figure. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, electricity supply meter exports totaled $X in 2022. Over the period under review, exports showed a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Finland was the key exporter of electricity supply or production meters in Scandinavia, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Sweden (X units) and Norway (X units), together achieving a X% share of total exports.

Finland was also the fastest-growing in terms of the electricity supply or production meters exports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Sweden (X%) displayed positive paces of growth. From 2012 to 2022, the share of Finland and Norway increased by X and X percentage points, respectively.

In value terms, Finland ($X) remains the largest electricity supply meter supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Finland, electricity supply meter exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the export price figures.

Electricity Supply Meter Imports

Imports in Scandinavia

In 2022, overseas purchases of electricity supply or production meters increased by X% to X units, rising for the third year in a row after two years of decline. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, electricity supply meter imports amounted to $X in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Sweden was the major importing country with an import of around X units, which reached X% of total imports. Finland (X units) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the electricity supply or production meters imports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. By contrast, Finland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported electricity supply or production meters in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform