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Serbia - Electricity Supply or Production Meters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSerbia: Electricity Supply Meter Market 2024
Electricity Supply Meter Market Size in Serbia
The Serbian electricity supply meter market fell to $X in 2023, which is down by X% against the previous year. Overall, consumption recorded a pronounced expansion. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.
Electricity Supply Meter Production in Serbia
In value terms, electricity supply meter production reduced modestly to $X in 2023 estimated in export price. Overall, production saw buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2022, and then reduced in the following year.
Electricity Supply Meter Exports
Exports from Serbia
In 2023, shipments abroad of electricity supply or production meters increased by X% to X units, rising for the fourth year in a row after two years of decline. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked in 2023 and are likely to see steady growth in years to come.
In value terms, electricity supply meter exports surged to $X in 2023. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked in 2023 and are likely to continue growth in years to come.
Exports by Country
The Czech Republic (X units), Bahrain (X units) and Russia (X units) were the main destinations of electricity supply meter exports from Serbia, together comprising X% of total exports.
From 2012 to 2023, the biggest increases were recorded for Bahrain (with a CAGR of X.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the Czech Republic ($X), Russia ($X) and Switzerland ($X) appeared to be the largest markets for electricity supply meter exported from Serbia worldwide, together accounting for X% of total exports. Bahrain, Bosnia and Herzegovina, Montenegro and Slovakia lagged somewhat behind, together comprising a further X%.
Bahrain, with a CAGR of X.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average electricity supply meter export price stood at $X per unit in 2023, with an increase of X% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, electricity supply meter export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked in 2023 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Montenegro ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Electricity Supply Meter Imports
Imports into Serbia
In 2023, the amount of electricity supply or production meters imported into Serbia rose sharply to X units, growing by X% compared with the previous year. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2023 and are likely to see gradual growth in years to come.
In value terms, electricity supply meter imports skyrocketed to $X in 2023. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see steady growth in the near future.
Imports by Country
In 2023, Bosnia and Herzegovina (X units) constituted the largest electricity supply meter supplier to Serbia, with a X% share of total imports. Moreover, electricity supply meter imports from Bosnia and Herzegovina exceeded the figures recorded by the second-largest supplier, Slovakia (X units), ninefold.
From 2012 to 2023, the average annual growth rate of volume from Bosnia and Herzegovina stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and China (X% per year).
In value terms, Bosnia and Herzegovina ($X) constituted the largest supplier of electricity supply or production meters to Serbia, comprising X% of total imports. The second position in the ranking was taken by Slovakia ($X), with an X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Bosnia and Herzegovina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (X% per year) and China (X% per year).
Import Prices by Country
In 2023, the average electricity supply meter import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Slovakia ($X per unit), while the price for China ($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 prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the electricity supply meter market in Serbia. 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 26516370 - Electricity supply or production meters (including calibrated) (excluding voltmeters, ammeters, wattmeters and the like)
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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