Eastern Europe: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Eastern Europe

The East European positive displacement pump market declined to $X in 2021, shrinking by -12.1% against the previous year. Overall, consumption saw strong growth. The level of consumption peaked at $X in 2020, and then reduced in the following year.

Positive Displacement Pump Production in Eastern Europe

In value terms, positive displacement pump production surged to $X in 2021 estimated in export price. In general, production, however, recorded a strong expansion. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Positive Displacement Pump Exports

Exports in Eastern Europe

In 2021, the amount of positive displacement pumps and hand pumps exported in Eastern Europe surged to X units, growing by 36% against the previous year. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2014 when exports increased by 73%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, positive displacement pump exports expanded notably to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.7% against 2015 indices. The most prominent rate of growth was recorded in 2019 with an increase of 17% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Hungary (X units) and Poland (X units) represented the largest exporters of positive displacement pumps and hand pumps in 2021, accounting for near 36% and 33% of total exports, respectively. The Czech Republic (X units) ranks next in terms of the total exports with a 17% share, followed by Lithuania (5.2%) and Ukraine (4.7%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Lithuania (with a CAGR of +59.1%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) remains the largest positive displacement pump supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 16% share of total exports. It was followed by Lithuania, with a 14% share.

From 2012 to 2021, the average annual growth rate of value in Poland stood at +4.1%. In the other countries, the average annual rates were as follows: the Czech Republic (+2.5% per year) and Lithuania (+22.8% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, with a decrease of -20% against the previous year. In general, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2019 an increase of 25% against the previous year. The level of export 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 origin: the country with the highest price was Lithuania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+1.0%), while the other leaders experienced a decline in the export price figures.

Positive Displacement Pump Imports

Imports in Eastern Europe

In 2021, the amount of positive displacement pumps and hand pumps imported in Eastern Europe expanded sharply to X units, increasing by 8.5% against the year before. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 126% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, positive displacement pump imports expanded remarkably to $X in 2021. In general, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Hungary (X units), distantly followed by Ukraine (X units), Russia (X units) and Poland (X units) represented the major importers of positive displacement pumps and hand pumps, together achieving 88% of total imports. The following importers - the Czech Republic (X units) and Romania (X units) - together made up 6.5% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Czech Republic (with a CAGR of +39.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest positive displacement pump importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined 77% share of total imports.

Poland, with a CAGR of +21.9%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when the import price increased by 29% against the previous year. The level of import peaked 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 importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+8.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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