In 2023, the re-import of gas supply or production meters to Canada stood at 1.30 thousand units. Looking at the forecast from 2024 to 2028, a decline is evident: 2024 sees a 1.22% reduction, continuing to 1.14 thousand units in 2025, which is approximately a 6.56% decrease from the previous year. The trend continues with a year-on-year reduction, resulting in a 0.888 thousand units forecasted for 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is -7.57%, reflecting an overall decline in re-import volume annually.
Trends to watch for in the coming years include technological advancements that may affect meter production and calibration, energy policy shifts impacting gas infrastructure investments, and global trade dynamics affecting the availability and pricing of these meters.
