Australia and Oceania: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Australia and Oceania

The positive displacement pump market in Australia and Oceania contracted dramatically to $X in 2021, declining by -18.9% against the previous year. Overall, consumption, however, recorded a strong increase. As a result, consumption attained the peak level of $X, and then declined significantly in the following year.

Positive Displacement Pump Production in Australia and Oceania

In value terms, positive displacement pump production totaled $X in 2021 estimated in export price. The total production indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +1.8% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 47%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Positive Displacement Pump Exports

Exports in Australia and Oceania

For the fifth consecutive year, Australia and Oceania recorded growth in overseas shipments of positive displacement pumps and hand pumps, which increased by 43% to X units in 2021. Over the period under review, exports saw a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 265%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, positive displacement pump exports skyrocketed to $X in 2021. In general, exports recorded a moderate increase. The most prominent rate of growth was recorded in 2020 when exports increased by 173% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

In 2021, New Zealand (X units) and Australia (X units) was the largest exporter of positive displacement pumps and hand pumps in Australia and Oceania, mixing up 100% of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Australia (with a CAGR of +30.4%).

In value terms, the largest positive displacement pump supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

New Zealand, with a CAGR of +5.1%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, shrinking by -15% against the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 98%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-2.1%).

Positive Displacement Pump Imports

Imports in Australia and Oceania

In 2021, after nine years of growth, there was significant decline in purchases abroad of positive displacement pumps and hand pumps, when their volume decreased by -15.2% to X units. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. As a result, imports attained the peak of X units, and then plummeted in the following year.

In value terms, positive displacement pump imports dropped dramatically to $X in 2021. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. As a result, imports reached the peak of $X, and then contracted sharply in the following year.

Imports by Country

In 2021, Australia (X units) represented the key importer of positive displacement pumps and hand pumps, generating 88% of total imports. It was distantly followed by New Zealand (X units), comprising a 12% share of total imports.

Australia was also the fastest-growing in terms of the positive displacement pumps and hand pumps imports, with a CAGR of +21.8% from 2012 to 2021. At the same time, New Zealand (+9.0%) displayed positive paces of growth. While the share of Australia (+16 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-14.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported positive displacement pumps and hand pumps in Australia and Oceania, comprising 81% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +7.9%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, shrinking by -7.5% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 0.9%. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (-1.9%).

Source: IndexBox Platform

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