Russian water meter imports accounted for 45% in 2011

Russian water meter imports accounted for 45% in 2011

Introduction: In 2007-2011, Russia's water meter sales increased from 4.4 million to 7.7 million. According to the analysis, the continuous increase in the service fees for housing and public utilities has boosted the sales of water meters. In 2011, the proportion of imports of water meters in Russia accounted for 45% of the total supply, reaching 4.358 million.

The Russian business consulting website reported on October 25th that according to the Russian water meter market analysis data released by BusinesSta, Russia's water meter sales increased from 4.4 million to 7.7 million in 2007-2011. According to the analysis, the continuous increase in the service fees for housing and public utilities has boosted the sales of water meters. Because there are motives that motivate residents to economize, an average savings of 30-35% can be achieved when water meters are installed.

Imports made major contributions to the supply of water meters on the Russian market. In 2011, the proportion of imports of water meters in Russia accounted for 45% of the total supply, reaching 4.358 million. In 2011, Russia produced 4.297 million domestic water meters, accounting for 44% of the total supply. As of the beginning of 2011, 1.1 million water meters were in stock.

Russia is a net importer of water meters, that is, Russian imports of water meters far exceed exports. In 2008, Russia imported 3 million water meters, which represents an increase of 68% compared with the previous year. In 2009, Russian water meter imports fell by 28%. The import of water meters increased from 2010 to 2011 and reached 4.4 million.

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