Eastern Europe: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Eastern Europe

The East European liquid supply meter market reached $X in 2023, growing by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2021; afterwards, it flattened through to 2023.

Liquid Supply Meter Production in Eastern Europe

In value terms, liquid supply meter production expanded modestly to $X in 2023 estimated in export price. The total production indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production remained at a lower figure.

Liquid Supply Meter Exports

Exports in Eastern Europe

In 2023, overseas shipments of liquid supply or production meters decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports showed a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, liquid supply meter exports soared to $X in 2023. Total exports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Poland represented the key exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Slovakia (X units) and Hungary (X units), together committing a X% share of total exports. The Czech Republic (X units), Lithuania (X units) and Bulgaria (X units) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to liquid supply meter exports from Poland stood at X%. At the same time, Bulgaria (X%), Hungary (X%), Lithuania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2023. By contrast, Slovakia (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Hungary (X p.p.), Bulgaria (X p.p.), Lithuania (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Slovakia (X p.p.) displayed negative dynamics.

In value terms, the largest liquid supply meter supplying countries in Eastern Europe were Slovakia ($X), Poland ($X) and Hungary ($X), together accounting for X% of total exports. Lithuania, the Czech Republic and Bulgaria lagged somewhat behind, together comprising a further X%.

Bulgaria, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the export price enjoyed a buoyant increase. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the other leaders experienced more modest paces of growth.

Liquid Supply Meter Imports

Imports in Eastern Europe

In 2023, approx. X units of liquid supply or production meters were imported in Eastern Europe; growing by X% against 2022. Total imports indicated a perceptible increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, liquid supply meter imports soared to $X in 2023. Total imports indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

Russia was the key importer of liquid supply or production meters in Eastern Europe, with the volume of imports finishing at X units, which was near X% of total imports in 2023. Poland (X units) took the second position in the ranking, followed by Romania (X units), the Czech Republic (X units) and Hungary (X units). All these countries together took approx. X% share of total imports. The following importers - Ukraine (X units) and Slovakia (X units) - each amounted to a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of liquid supply or production meters. At the same time, Romania (X%), Hungary (X%), Ukraine (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Poland experienced a relatively flat trend pattern. While the share of Romania (X p.p.), Hungary (X p.p.), Ukraine (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Poland (X p.p.) and Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest liquid supply meter importing markets in Eastern Europe were Poland ($X), Russia ($X) and Romania ($X), together accounting for X% of total imports.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among 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 Eastern Europe stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform