Gas meters market in Russia

Earlier Report Observations

In 2018, the Russian gas meter market reached nearly 3 million units, a peak driven by the mandatory installation of meters in homes with gas heating under Federal Law No. 261-FZ, though the deadline was extended to 2019. This initial wave of demand was followed by a sharp contraction to 1.5 million units in 2019 as the market became saturated after the deadline shift and replacement cycles lengthened due to the devices' long service life.

The market recovered to 1.7 million units in 2020 and grew to 2.1 million in 2021, supported by the rollout of smart meters with telemetry and new models featuring temperature correction for improved accuracy. A slight dip to 2.0 million units occurred in 2022 amid a reduction in domestic production, even as the deployment of smart meters accelerated, with their share approaching 40% of the market.

By 2023, the market stabilized at just over 2 million units, bolstered by the expansion of domestic manufacturers' dealer networks and ongoing mandatory meter verification. A significant surge to 2.6 million units followed in 2024, reflecting the continued technological shift toward smart metering and adherence to regulatory requirements.

Production gas meters in Russia

In kind, 2018-2021, K unit

After two consecutive years of decline, Russia's gas meter production rebounded in 2021. That year, the country manufactured 1,626 thousand units, marking a 21.2% increase compared to 2020. Looking at the broader period from 2018 to 2021, production fell by 13.5%, which translates to an average annual decline of 4.7%. The lowest output was recorded in 2020 at 1,341 thousand units, while the sharpest drop occurred in 2019 with a 19.8% decrease.

Annual dynamics of production in Russia in kind, 2018-2021, K unit

Exports gas meters from Russia

Exports in kind, K unit

The data shows irregular fluctuations, pointing to a volatile market environment. Exports of gas meters from Russia hit their lowest point in 2019 at 0.0 thousand units and peaked in 2021 at 320 thousand units, representing a staggering 6,584-fold difference between these years. In 2021, cross-border shipments rose by 4.5% compared to 2020. The most significant decline was recorded in 2019 at 100.0%, while the largest increase occurred in 2020 with a remarkable 629,944.8% surge.

Annual dynamics of product's exports from Russia in kind, 2018-2021, K unit

From 2018 to 2021, Kazakhstan and Belarus dominated Russia's gas meter exports in volume, together accounting for 83.4% of total shipments. The remaining share was distributed among other countries.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Russia in kind, 2018-2021

Exports in value, K $ US

In 2021, Russia's gas meter exports reached 9,183 thousand US dollars, showing a solid 11.9% increase compared to 2020. Over the period from 2018 to 2021, exports grew by 11.1%, averaging an annual rise of 3.6%. The lowest value was recorded in 2020 at 8,205 thousand US dollars, while the highest was in 2019 at 9,679 thousand US dollars. The sharpest decline occurred in 2020 with a 15.2% drop, and the largest increase was in 2019 with a 17.1% gain.

Annual dynamics of product's exports from Russia in value, 2018-2021, K $ US

From 2018 to 2021, Kazakhstan, Uzbekistan, and Belarus were the key players in Russia's gas meter exports by value. Kazakhstan led with 50.6% of the total, followed by Uzbekistan at 21.0% and Belarus at 15.4%. Together, these three countries accounted for 87.0% of all export flows in monetary terms.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Russia in value, 2018-2021

Imports gas meters to Russia

Imports in kind, K unit

Market performance exhibited noticeable fluctuations during this period. Imports of gas meters into Russia bottomed out in 2019 at 6 thousand units and peaked in 2018, with a 233-fold difference between these years. In 2021, shipments from abroad totaled 769 thousand units, reflecting a 40.8% increase compared to 2020. The most significant decline was recorded in 2019 at 99.6%, while the largest increase occurred in 2020 with an extraordinary 8,726.8% rise.

Annual dynamics of product's imports to Russia in kind, 2018-2021, K unit

From 2018 to 2021, China, Slovakia, and Belarus led Russia's gas meter imports by volume. China accounted for 35.0% of imports, Slovakia for 21.2%, and Belarus for 18.2%. Collectively, these three countries represented 74.4% of total import flows in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Russia in kind, 2018-2021

Imports in value, K $ US

After two years of decline, Russia's gas meter imports rebounded in 2021, reaching 29,672 thousand US dollars—a 45.1% increase compared to the previous year. Over the period from 2018 to 2021, imports fell by 39.8%, averaging an annual decrease of 15.5%. The lowest value was recorded in 2020 at 20,445 thousand US dollars. The sharpest drop occurred in 2019 with a 37.7% decline.

Annual dynamics of product's imports to Russia in value, 2018-2021, K $ US

From 2018 to 2021, Germany, China, and Belarus were the primary sources for Russia's gas meter imports by value. Germany led with 43.4% of imports, followed by China at 18.4% and Belarus at 18.2%. Together, these three countries accounted for 80.1% of total import flows in monetary terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Russia in value, 2018-2021