Europe: Liquid Supply Meter Market 2024

Liquid Supply Meter Market Size in Europe

After four years of growth, the Europe liquid supply meter market decreased by X% to $X in 2023. Over the period under review, consumption, however, saw a moderate expansion. As a result, consumption attained the peak level of $X, leveling off in the following year.

Liquid Supply Meter Production in Europe

In value terms, liquid supply meter production rose modestly to $X in 2023 estimated in export price. The total production indicated a mild 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 most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Liquid Supply Meter Exports

Exports in Europe

In 2023, shipments abroad of liquid supply or production meters increased by X% to X units, rising for the third year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are likely to see steady growth in the immediate term.

In value terms, liquid supply meter exports surged to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2023, France (X units), distantly followed by Italy (X units), Germany (X units), Poland (X units) and Slovakia (X units) were the main exporters of liquid supply or production meters, together achieving X% of total exports. The following exporters - Spain (X units) and Hungary (X units) - each resulted at a X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for Spain (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2023, together comprising X% of total exports. Slovakia, Poland, Spain and Hungary lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded 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 Europe stood at $X per unit in 2023, surging by X% against the previous year. In general, the export price, however, recorded a slight reduction. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while Hungary ($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 Europe

For the third year in a row, Europe recorded growth in purchases abroad of liquid supply or production meters, which increased by X% to X units in 2023. Total imports indicated a measured 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 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, liquid supply meter imports surged to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of liquid supply meter imports in 2023 were Russia (X units), France (X units) and Germany (X units), together resulting at X% of total import. It was distantly followed by Poland (X units), Spain (X units), Romania (X units) and the UK (X units), together achieving a X% share of total imports. The Czech Republic (X units), Hungary (X units), Austria (X units), Italy (X units) and Greece (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Spain, Poland, Russia, Romania, Italy, Austria, Greece, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.

Greece, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 Europe stood at $X per unit in 2023, growing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

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

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

Source: IndexBox Platform