CIS: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in CIS

The CIS positive displacement pump market shrank to $X in 2021, with a decrease of -4.8% against the previous year. Overall, consumption, however, enjoyed a resilient increase. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Positive Displacement Pump Production in CIS

In value terms, positive displacement pump production declined to $X in 2021 estimated in export price. In general, production, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 116% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Positive Displacement Pump Exports

Exports in CIS

In 2021, shipments abroad of positive displacement pumps and hand pumps decreased by -20.8% to X units for the first time since 2016, thus ending a four-year rising trend. Overall, exports, however, posted a notable expansion. The pace of growth was the most pronounced in 2020 when exports increased by 76%. As a result, the exports reached the peak of X units, and then reduced dramatically in the following year.

In value terms, positive displacement pump exports declined significantly to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 107% against the previous year. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.

Exports by Country

Russia prevails in exports structure, resulting at X units, which was approx. 88% of total exports in 2021. It was distantly followed by Belarus (X units), making up a 9.3% share of total exports. Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to positive displacement pump exports from Russia stood at +11.7%. At the same time, Belarus (+18.0%) and Kazakhstan (+2.7%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +18.0% from 2012-2021. From 2012 to 2021, the share of Russia and Belarus increased by +41 and +6.3 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest positive displacement pump supplier in the CIS, comprising 85% of total exports. The second position in the ranking was taken by Belarus ($X), with a 14% share of total exports.

In Russia, positive displacement pump exports increased at an average annual rate of +2.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (-0.9% per year) and Kazakhstan (-14.5% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2021, dropping by -8.7% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2016 an increase of 80%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Belarus ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-8.7%), while the other leaders experienced a decline in the export price figures.

Positive Displacement Pump Imports

Imports in CIS

Positive displacement pump imports fell modestly to X units in 2021, shrinking by -4% compared with 2020 figures. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 230%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, positive displacement pump imports expanded significantly to $X in 2021. In general, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

Russia dominates imports structure, amounting to X units, which was near 91% of total imports in 2021. The following importers - Kazakhstan (X units) and Belarus (X units) - each finished at a 7.8% share of total imports.

Russia was also the fastest-growing in terms of the positive displacement pumps and hand pumps imports, with a CAGR of +29.5% from 2012 to 2021. At the same time, Kazakhstan (+22.8%) displayed positive paces of growth. By contrast, Belarus (-6.8%) illustrated a downward trend over the same period. While the share of Russia (+38 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belarus (-37.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported positive displacement pumps and hand pumps in the CIS, comprising 88% of total imports. The second position in the ranking was held by Belarus ($X), with a 4.5% share of total imports.

In Russia, positive displacement pump imports increased at an average annual rate of +10.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+2.1% per year) and Kazakhstan (-0.7% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, growing by 9.5% against the previous year. In general, the import price, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2019 when the import price increased by 90% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Belarus ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+9.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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