The import of gas, liquid, or electricity supply or production meters to the UK is expected to grow steadily between 2024 and 2028, with values increasing from 11.286 million in 2024 to 13.056 million in 2028. In 2023, the import value was 10.870 million, indicating a projected increase of approximately 3.8% year-on-year in 2024. From 2025 to 2028, the imports are expected to grow by about 3.9% annually. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.7%, demonstrating a stable upward trend in the demand for meters.

Future trends to watch for include:

Technological advancements in smart meter technology leading to an increased demand for imports.
Changes in government policies and regulations aimed at improving energy efficiency could impact import dynamics.
Fluctuations in global supply chain dynamics, especially in the context of geopolitical tensions, affecting meter imports.