China: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in China

The Chinese hand-operated air pump market skyrocketed to $X in 2022, picking up by 83% against the previous year. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.7% against 2020 indices. Hand-operated air pump consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Hand-Operated Air Pump Production in China

In value terms, hand-operated air pump production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Hand-Operated Air Pump Exports

Exports from China

In 2022, shipments abroad of hand or foot-operated air pumps decreased by -15.3% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a mild decline. The most prominent rate of growth was recorded in 2018 with an increase of 18% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted dramatically in the following year.

In value terms, hand-operated air pump exports dropped to $X in 2022. In general, total exports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.7% against 2017 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

The United States (X units), India (X units) and the Philippines (X units) were the main destinations of hand-operated air pump exports from China, together comprising 23% of total exports. Indonesia, Japan, Vietnam, Brazil, Mexico, the Netherlands, Germany, Russia, the UK and Thailand lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +16.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hand-operated air pump exported from China were the United States ($X), India ($X) and Vietnam ($X), with a combined 26% share of total exports.

Vietnam, with a CAGR of +23.5%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average hand-operated air pump export price amounted to $X per unit, increasing by 9.6% against the previous year. Over the last decade, it increased at an average annual rate of +5.0%. The pace of growth was the most pronounced in 2020 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports into China

After two years of growth, purchases abroad of hand or foot-operated air pumps decreased by -26.6% to X units in 2022. In general, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 373% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, hand-operated air pump imports shrank to $X in 2022. Overall, imports recorded a noticeable setback. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Japan (X units), Malaysia (X units) and Germany (X units) were the main suppliers of hand-operated air pump imports to China, together comprising 9.8% of total imports. Slovakia, the United States, South Korea, Italy and Mexico lagged somewhat behind, together accounting for a further 1.4%.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +150.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Japan ($X) and the United States ($X) constituted the largest hand-operated air pump suppliers to China, with a combined 35% share of total imports. Malaysia, Slovakia, Italy, South Korea and Mexico lagged somewhat behind, together accounting for a further 4.3%.

In terms of the main suppliers, Slovakia, with a CAGR of +83.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hand-operated air pump import price amounted to $X per unit, rising by 21% against the previous year. Overall, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 145%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :