In 2023, the import value of electricity supply or production meters to Canada stood at approximately $73.750 million USD. Forecasted data indicates a declining trend from 2024 to 2028, with a decrease from $71.591 million in 2024 to $62.926 million in 2028. This reflects a year-on-year decline, with variations such as a -3.12% change from 2024 to 2025. The compound annual growth rate (CAGR) over these five years is approximately -3.10%, highlighting a consistent downward trajectory in imports.

Future trends to watch for include:

Technological advancements in smart meter technologies could affect import volumes.
Domestic production capabilities might alter the import landscape.
Policy changes regarding energy efficiency and smart grid investments could impact market dynamics.