Czech Republic: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in the Czech Republic

The Czech liquid dispensing pump market shrank markedly to $X in 2021, declining by -95.3% against the previous year. Overall, consumption recorded a significant decline. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Liquid Dispensing Pump Production in the Czech Republic

In value terms, liquid dispensing pump production surged to $X in 2021 estimated in export price. In general, production, however, posted significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Liquid Dispensing Pump Exports

Exports from the Czech Republic

In 2021, approx. X units of pumps for dispensing liquids were exported from the Czech Republic; growing by 20% on the year before. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 297% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, liquid dispensing pump exports rose notably to $X in 2021. In general, exports, however, showed a slight decline. The pace of growth appeared the most rapid in 2014 when exports increased by 187%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia (X units) was the main destination for liquid dispensing pump exports from the Czech Republic, accounting for a 57% share of total exports. Moreover, liquid dispensing pump exports to Slovakia exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume to Slovakia stood at +52.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+28.7% per year) and the United Arab Emirates (+42.1% per year).

In value terms, Slovakia ($X) remains the key foreign market for pumps for dispensing liquids exports from the Czech Republic, comprising 48% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by the United States, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +22.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.4% per year) and the United States (+3.0% per year).

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, dropping by -9.4% against the previous year. In general, the export price faced a drastic downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 14% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to Uruguay ($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 Poland (-0.6%), while the prices for the other major destinations experienced a decline.

Liquid Dispensing Pump Imports

Imports into the Czech Republic

In 2021, supplies from abroad of pumps for dispensing liquids increased by 51% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, imports recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 92% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, liquid dispensing pump imports declined to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by 31%. Over the period under review, imports hit record highs at $X in 2020, and then declined in the following year.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of liquid dispensing pump to the Czech Republic, accounting for a 54% share of total imports. Moreover, liquid dispensing pump imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Austria (X units) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.9% per year) and Austria (+33.0% per year).

In value terms, Germany ($X) constituted the largest supplier of pumps for dispensing liquids to the Czech Republic, comprising 48% of total imports. The second position in the ranking was held by Austria ($X), with a 15% share of total imports. It was followed by Poland, with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+33.5% per year) and Poland (+23.0% per year).

Import Prices by Country

The average liquid dispensing pump import price stood at $X per unit in 2021, waning by -42.4% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2016 an increase of 36%. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 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 Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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