Report Update May 1, 2025

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

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Sri Lanka: Gas Supply Meter Market 2025

Gas Supply Meter Market Size in Sri Lanka

The Sri Lankan gas supply meter market declined remarkably to $X in 2021, dropping by -35.4% 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). Overall, consumption, however, showed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Gas Supply Meter Exports

Exports from Sri Lanka

In 2021, exports of gas supply or production meters from Sri Lanka fell markedly to X units, waning by -85.7% compared with 2020. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2018 when exports increased by 143%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, gas supply meter exports contracted remarkably to $X in 2021. Over the period under review, exports faced a sharp reduction. The pace of growth was the most pronounced in 2017 when exports increased by 63% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Maldives (X units) was the main destination for gas supply meter exports from Sri Lanka, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Maldives totaled -36.2%.

In value terms, Singapore ($X) remains the key foreign market for gas supply or production meters exports from Sri Lanka, comprising 77% of total exports. The second position in the ranking was held by Maldives ($X), with a 13% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Singapore stood at +29.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-34.3% per year) and Japan (-31.9% per year).

Export Prices by Country

The average gas supply meter export price stood at $X per unit in 2021, rising by 101% against the previous year. Over the period under review, the export price recorded a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Maldives ($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 Singapore (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.

Gas Supply Meter Imports

Imports into Sri Lanka

In 2021, imports of gas supply or production meters into Sri Lanka contracted markedly to X units, reducing by -20.2% against 2020 figures. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2019 when imports increased by 697% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, gas supply meter imports shrank rapidly to $X in 2021. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 438%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of gas supply meter to Sri Lanka, accounting for a 84% share of total imports. Moreover, gas supply meter imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +61.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-4.0% per year) and Taiwan (Chinese) (+24.3% per year).

In value terms, China ($X) constituted the largest supplier of gas supply or production meters to Sri Lanka, comprising 34% of total imports. The second position in the ranking was taken by South Korea ($X), with a 15% share of total imports. It was followed by Taiwan (Chinese), with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +63.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+3.0% per year) and Taiwan (Chinese) (+10.4% per year).

Import Prices by Country

The average gas supply meter import price stood at $X per unit in 2021, waning by -36.5% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%), 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, accounting for 26% of total volume. Moreover, gas supply meter consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.6% share.

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

The country with the largest volume of gas supply meter production was China, 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 Sri Lanka?

In value terms, South Korea, China and the United States appeared to be the largest gas supply meter suppliers to Sri Lanka, with a combined 94% share of total imports.

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

In value terms, Maldives remains the key foreign market for gas supply meter exports from Sri Lanka.

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

In 2020, the average gas supply meter export price amounted to $50 per unit, reducing by -73.7% against the previous year.

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

In 2020, the average gas supply meter import price amounted to $17 per unit, which is down by -53.4% against the previous year.

This report provides an in-depth analysis of the gas supply meter market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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