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China - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

China - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights

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Oct 26, 2024

In 2023, China's Pump for Liquid Export Sees a 7% Increase, Reaching $9.4 Billion

China Pump For Liquid Exports

Pump for liquid exports from China rose remarkably to 398M units in 2023, surging by 5.2% against the previous year. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 227%. The exports peaked at 414M units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, pump for liquid exports amounted to $9.4B (IndexBox estimates) in 2023. Overall, total exports indicated strong growth from 2013 to 2023: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +87.3% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2023 and are expected to retain growth in the immediate term.China Pump For Liquid Exports By Country (Million USD)

COUNTRYExport Value of Pump For Liquid in China (million USD)
20132014201520162017201820192020202120222023
United States7299588488309191,1069971,1511,1891,2491,209
Russia216219174192212222241263363496761
Indonesia269273229199210304341323403385397
Mexico98.7114123125135138158193289311379
Japan161205220201195221242229307330318
Brazil10310395.187.8109127136162241232261
Germany161164161172183197207242350290260
Vietnam248293133132136146183216248233242
Thailand131136135180143142177264299263235
Others2,7973,1242,9482,8783,0923,3873,6104,0314,8364,9255,297
Total4,9125,5895,0664,9975,3355,9886,2917,0758,5278,7159,360

Exports by Country

the United States (41M units), Russia (29M units) and Mexico (22M units) were the main destinations of pump for liquid exports from China, with a combined 23% share of total exports.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +13.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pump for liquid exported from China were the United States ($1.2B), Russia ($761M) and Indonesia ($397M), together comprising 25% of total exports. Mexico, Japan, Brazil, Germany, Vietnam and Thailand lagged somewhat behind, together comprising a further 18%.

Mexico, with a CAGR of +14.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Exports by Type

Pumps for liquids (168M units), fuel, lubricating or cooling-medium pumps for internal combustion engines (107M units) and hydraulic pumps (axial and radial piston) and other reciprocating positive displacement pumps (57M units) were the main products of pump for liquid exports from China, with a combined 83% share of total exports. Hydraulic pumps (gear or vane) and other rotary positive displacement pumps , positive displacement pumps and hand pumps, pumps and liquid elevators; n.e.s. in heading no. 8413, pumps for dispensing liquids, petrol and oil dispensing pumps, liquid elevators and concrete pumps lagged somewhat behind, together comprising a further 17%.

From 2013 to 2023, the biggest increases were recorded for liquid elevators (with a CAGR of +17.5%), while shipments for the other products experienced more modest paces of growth.

In value terms, pumps for liquids ($4.6B) remains the largest type of pumps for liquids and liquid elevators exported from China, comprising 49% of total exports. The second position in the ranking was taken by hydraulic pumps (gear or vane) and other rotary positive displacement pumps ($1.5B), with a 16% share of total exports. It was followed by fuel, lubricating or cooling-medium pumps for internal combustion engines, with a 15% share.

From 2013 to 2023, the average annual rate of growth in terms of the value of pumps for liquids exports totaled +9.2%. With regard to the other exported products, the following average annual rates of growth were recorded: hydraulic pumps (gear or vane) and other rotary positive displacement pumps (+5.6% per year) and fuel, lubricating or cooling-medium pumps for internal combustion engines (+4.3% per year).

Export Prices by Country

In 2023, the pump for liquid price stood at $24 per unit (FOB, China), surging by 2.1% against the previous year. Over the period under review, the export price saw slight growth. The growth pace was the most rapid in 2015 an increase of 183% against the previous year. The export price peaked at $67 per unit in 2016; however, from 2017 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($29 per unit), while the average price for exports to Turkey ($12 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pump for liquid market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28121320 - Hydraulic pumps (radial piston)
  • Prodcom 28121350 - Hydraulic pumps (gear)
  • Prodcom 28121380 - Hydraulic pumps (vane)
  • Prodcom 28121530 - Hydraulic pumps (axial piston)
  • Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
  • Prodcom 28131105 - Petrol and oil dispensing pumps, unit
  • Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
  • Prodcom 28131145 - Positive displacement pumps, hand pumps
  • Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
  • Prodcom 28131185 - Concrete pumps
  • Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
  • Prodcom 28131250 - In-line reciprocating piston pumps
  • Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
  • Prodcom 28131320 - Positive displacement pumps, rotary, gear
  • Prodcom 28131340 - Positive displacement pumps, rotary, vane
  • Prodcom 28131360 - Positive displacement pumps, rotary, screw
  • Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
  • Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
  • Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
  • Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
  • Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
  • Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
  • Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
  • Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
  • Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
  • Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
  • Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
  • Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
  • Prodcom 28131480 - Other liquid pumps, liquid elevators

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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