Global Gas Supply Meter Market 2025

Gas Supply Meter Market Size

The global gas supply meter market amounted to $X in 2021, surging by 5.4% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.5% 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 -4.9% against 2019 indices. Over the period under review, the global market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Gas Supply Meter Production

In value terms, gas supply meter production stood at $X in 2021 estimated in export price. Over the period under review, the total production indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.3% 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 -5.3% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 28% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Gas Supply Meter Exports

Exports

After five years of growth, overseas shipments of gas supply or production meters decreased by -5.3% to X units in 2021. Over the period under review, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 24% against the previous year. The global exports peaked at X units in 2020, and then reduced in the following year.

In value terms, gas supply meter exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +3.0% 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 2017 with an increase of 13% against the previous year. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China represented the key exporting country with an export of around X units, which recorded 30% of total exports. Italy (X units) took the second position in the ranking, followed by Germany (X units), Poland (X units), Slovakia (X units) and Malaysia (X units). All these countries together held approx. 36% share of total exports. The following exporters - Romania (X units), Turkey (X units), Thailand (X units), Vietnam (X units), South Korea (X units), Japan (X units) and France (X units) - together made up 21% of total exports.

Exports from China increased at an average annual rate of +12.1% from 2012 to 2021. At the same time, Vietnam (+128.4%), Thailand (+102.1%), Malaysia (+34.7%), Turkey (+25.0%), Italy (+20.6%), Romania (+20.3%), Japan (+15.1%), South Korea (+6.0%) and Poland (+5.6%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +128.4% from 2012-2021. France and Slovakia experienced a relatively flat trend pattern. By contrast, Germany (-6.3%) illustrated a downward trend over the same period. While the share of China (+11 p.p.), Italy (+6.3 p.p.), Malaysia (+4.2 p.p.), Thailand (+2.9 p.p.), Turkey (+2.9 p.p.), Vietnam (+2.8 p.p.) and Romania (+2.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of France (-1.6 p.p.), Slovakia (-5.5 p.p.) and Germany (-18.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gas supply meter supplying countries worldwide were Germany ($X), China ($X) and Poland ($X), together accounting for 39% of global exports. Malaysia, Italy, Japan, France, Slovakia, Vietnam, Romania, Turkey, South Korea and Thailand lagged somewhat behind, together comprising a further 37%.

Vietnam, with a CAGR of +78.4%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average gas supply meter export price amounted to $X per unit, picking up by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the other global leaders experienced more modest paces of growth.

Gas Supply Meter Imports

Imports

Global gas supply meter imports expanded remarkably to X units in 2021, growing by 6.2% on the previous year's figure. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.3% against 2012 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 16% against the previous year. Over the period under review, global imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, gas supply meter imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 14% against the previous year. Global imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the UK (X units), followed by France (X units), Pakistan (X units), the United States (X units) and Russia (X units) were the major importers of gas supply or production meters, together generating 40% of total imports. Azerbaijan (X units), Germany (X units), Italy (X units), Romania (X units), Ukraine (X units), Nigeria (X units), Taiwan (Chinese) (X units) and Kazakhstan (X units) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +84.3%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest gas supply meter importing markets worldwide were the UK ($X), France ($X) and the United States ($X), with a combined 30% share of global imports. These countries were followed by Russia, Italy, Azerbaijan, Taiwan (Chinese), Germany, Pakistan, Ukraine, Kazakhstan, Romania and Nigeria, which together accounted for a further 25%.

Pakistan, with a CAGR of +52.2%, 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 global 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, picking up by 5.3% against the previous year. Overall, the import price, however, continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 an increase of 6.8% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per unit), while Pakistan ($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 UK (+5.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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