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Industry Analysis

LOCATION:HOME - NEWS - Industry Analysis

Analysis of the Latest Imports and Exports of Chinese Electric Meters (HS: 902830) in the Year 22023

Issuing time:2023-10-27 Author:Alisa Back to list

An electric meter is an instrument used to measure the consumption of electrical energy, typically employed for monitoring and quantifying the usage of electricity. It is commonly used in residential, industrial, and commercial settings to calculate and bill for electricity consumption. Electric meters come in various types and functionalities, such as mechanical electric meters, electronic electric meters, single-phase and three-phase electric meters, static electric meters, multifunction electric meters, standard electric meters, smart electric meters, and various special-purpose electric meters designed for high voltage, low voltage, outdoor, short-term measurements, and other specific environments.

China is one of the major exporting countries of electric meters, shipping them to various parts of the world. Chinese electric meters hold a significant share in the international market.

According to customs data, the export volume of Chinese electric meters has been steadily increasing from 2018 to the present. In 2023, China exported a cumulative total of 55.937 million units, showing a growth of 34.1% compared to the same period. The total export value reached 1.088 billion US dollars, marking a 22.2% increase during the same period.

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China's export of electric meter products encompasses various types, including electronic electric meters, mechanical electric meters, and smart electric meters, to meet the diverse needs of different countries and regions. China's electric meter export markets span across multiple regions, including Asia, Africa, Europe, North America, and Latin America. Chinese electric meter products find wide application in the field of electrical measurement and management. Additionally, China also imports electric meter products, typically high-end, specialized, or specific brand products, to fulfill specific domestic market demands. These imported electric meters are often used to cater to particular requirements within the domestic market.

Chinese electric meter manufacturers will continue to enhance international cooperation and collaborate with the power industry in other countries and regions. Together, they aim to drive the development of electric meter technology and standards.

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China's export of electric meters benefits from several factors, including production scale, technological advancements, competitive pricing, and export experience. These advantages have made China an important supplier in the global electric meter market, providing various types of electric meter products for electrical measurement and management worldwide.

The future development of Chinese electric meters will focus on smart technology, sustainability, energy efficiency, and data management. These trends will contribute to improving the reliability, sustainability, and efficiency of power systems to meet the ever-growing electricity demands and environmental challenges. For more electric meter market data, feel free to inquire online.