Liquid meters market in Russia

Earlier Report Observations

In 2018, the Russian liquid meters market reached 11.8 million units, supported by a revival in the construction sector, which is a key complementary industry. New players entered the market with innovative products such as apartment water meters featuring pulse outputs. The following year, market volume contracted sharply to 6.9 million units, even as the development of smart meter segments continued and legislative initiatives aimed at improving accuracy and reliability laid groundwork for future demand. The market rebounded to 10.1 million units in 2020, driven by state programs supporting utility infrastructure modernization and a shift in consumer preferences toward automated, remotely managed meters during the COVID-19 pandemic.

Market volume surged to a peak of 14.4 million units in 2021, fueled by a boom in residential and commercial construction and ongoing expansion of smart meter assortments. Government procurement and investments in utility infrastructure remained a key demand driver. In 2022, the market declined to 12.6 million units alongside a drop in imports of water metering devices, although regulatory amendments to the law «On Electric Power Industry» that mandated gradual replacement of old meters with intelligent ones provided a long‑term incentive for fleet renewal.

After stabilizing at 12.7 million units in 2023, the market decreased to 10.9 million units in 2024, concluding a period of notable volatility in total volume.

Production liquid meters in Russia

In kind, 2018-2021, K unit

After two consecutive years of decline, Russia's production of liquid meters rebounded. In 2021, the country manufactured 8,499 thousand units, marking a significant 34.7% increase compared to the previous year. Looking at the period from 2018 to 2021, production grew by 11.6%, with an average annual growth rate of 3.7%. The lowest production level was recorded in 2020 at 6,310 thousand units, while the sharpest decline occurred in 2019 with an 11.4% drop.

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

Exports liquid meters from Russia

Exports in kind, K unit

The market exhibited considerable volatility during this period. Export volumes reached their lowest point in 2019 at just 1 thousand unit, then surged to a peak of 1,305 thousand units in 2021, representing a 1509-fold increase between these two years. The 2021 figure showed a 28.6% year-over-year growth. The most substantial decline occurred in 2019 with a 99.9% decrease, while the largest increase was recorded in 2020 with an extraordinary 117,223.9% rise.

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

From 2018 to 2021, three countries dominated Russia's liquid meter exports in physical terms. Kazakhstan accounted for 54.8% of exports, Uzbekistan represented 14.3%, and Belarus contributed 7.9%. Together, these three markets constituted 77.0% of Russia's total liquid meter exports during this period.

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

Russia's liquid meter exports reached 16,771 thousand US dollars in 2021, reflecting a substantial 60.3% increase compared to 2020. Over the four-year period from 2018 to 2021, export value grew by 77.9%, translating to an average annual growth rate of 21.2%. The most significant decline occurred in 2020 with a 1.5% decrease.

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

Between 2018 and 2021, three key markets accounted for the majority of Russia's liquid meter exports in value terms. Kazakhstan, Uzbekistan, and Belarus together represented 77.8% of total export value during this period.

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

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

Imports liquid meters to Russia

Imports in kind, K unit

Import volumes showed significant fluctuations throughout the period. The lowest point was recorded in 2019 with just 67 thousand units, while imports peaked in 2021 at 7,222 thousand units, representing a 107-fold difference between these years. The 2021 figure represented a 56.2% increase from 2020. The most dramatic decline occurred in 2019 with a 98.7% drop, while the largest increase was recorded in 2020 with an exceptional 6,754.3% surge.

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

From 2018 to 2021, China dominated Russia's liquid meter imports in physical terms, accounting for 91.9% of total import volumes during this period.

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

Russia's imports of liquid meters reached 49,016 thousand US dollars in 2021, showing a sharp 57.2% increase compared to the previous year. Between 2018 and 2021, import value grew by 45.2%, equivalent to an average annual growth rate of 13.2%. The lowest import value was recorded in 2020 at 31,187 thousand US dollars, while the most significant decline occurred that same year with an 8.1% decrease.

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

During the 2018-2021 period, China dominated Russia's liquid meter imports in value terms, accounting for 70.6% of total import value. The remaining imports were distributed among numerous smaller trading partners.

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

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