Czech Republic: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in the Czech Republic

In 2021, the Czech positive displacement pump market decreased by -59.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a noticeable setback. Positive displacement pump consumption peaked at $X in 2020, and then contracted rapidly in the following year.

Positive Displacement Pump Production in the Czech Republic

In value terms, positive displacement pump production soared to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by 136%. Positive displacement pump production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Positive Displacement Pump Exports

Exports from the Czech Republic

Positive displacement pump exports from the Czech Republic surged to X units in 2021, with an increase of 211% against the year before. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, positive displacement pump exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X units), Germany (X units) and Poland (X units) were the main destinations of positive displacement pump exports from the Czech Republic, together comprising 48% of total exports. These countries were followed by Hungary, Iraq, France, Russia, the UK, the Netherlands, the United States, Uruguay and Austria, which together accounted for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Iraq (with a CAGR of +238.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for positive displacement pumps and hand pumps exports from the Czech Republic, comprising 37% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 14% share of total exports. It was followed by France, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+4.6% per year) and France (-2.6% per year).

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, reducing by -56.1% against the previous year. Overall, the export price recorded a precipitous decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 2.4% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Iraq ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-18.6%), while the prices for the other major destinations experienced a decline.

Positive Displacement Pump Imports

Imports into the Czech Republic

Positive displacement pump imports into the Czech Republic reduced sharply to X units in 2021, dropping by -40.1% against the previous year's figure. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 506% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, positive displacement pump imports contracted markedly to $X in 2021. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 87% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then declined notably in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of positive displacement pump to the Czech Republic, with a 61% share of total imports. Moreover, positive displacement pump imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The Netherlands (X units) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +47.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+39.9% per year) and the Netherlands (+53.1% per year).

In value terms, the largest positive displacement pump suppliers to the Czech Republic were Germany ($X), China ($X) and the Netherlands ($X), with a combined 69% share of total imports. Poland and the UK lagged somewhat behind, together comprising a further 5.7%.

Poland, with a CAGR of +19.6%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, rising by 25% against the previous year. Overall, the import price, however, continues to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 58% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-5.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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