Eastern Europe: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Eastern Europe

In 2021, after two years of growth, there was significant decline in the East European liquid dispensing pump market, when its value decreased by -12.5% to $X. In general, consumption, however, saw prominent growth. Over the period under review, the market attained the peak level at $X in 2020, and then declined in the following year.

Liquid Dispensing Pump Production in Eastern Europe

In value terms, liquid dispensing pump production fell rapidly to $X in 2021 estimated in export price. In general, production showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 176% against the previous year. As a result, production attained the peak level of $X, and then dropped significantly in the following year.

Liquid Dispensing Pump Exports

Exports in Eastern Europe

In 2021, liquid dispensing pump exports in Eastern Europe skyrocketed to X units, rising by 78% on the previous year's figure. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2019 when exports increased by 482% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in years to come.

In value terms, liquid dispensing pump exports skyrocketed to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 243%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Poland dominates exports structure, resulting at X units, which was near 84% of total exports in 2021. It was distantly followed by Lithuania (X units), committing a 5.1% share of total exports. The Czech Republic (X units), Romania (X units) and Hungary (X units) followed a long way behind the leaders.

Poland was also the fastest-growing in terms of the pumps for dispensing liquids exports, with a CAGR of +73.0% from 2012 to 2021. At the same time, Lithuania (+57.0%), Romania (+34.2%), the Czech Republic (+22.1%) and Hungary (+9.6%) displayed positive paces of growth. While the share of Poland (+64 p.p.) and Lithuania (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Romania (-4.2 p.p.), the Czech Republic (-19.7 p.p.) and Hungary (-26.9 p.p.) displayed negative dynamics.

In value terms, Poland ($X) remains the largest liquid dispensing pump supplier in Eastern Europe, comprising 78% of total exports. The second position in the ranking was taken by Romania ($X), with an 8.1% share of total exports. It was followed by Lithuania, with a 4.3% share.

From 2012 to 2021, the average annual growth rate of value in Poland stood at +85.8%. In the other countries, the average annual rates were as follows: Romania (+30.4% per year) and Lithuania (+26.3% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, increasing by 16% against the previous year. Overall, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 99%. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Romania ($X per unit), while the Czech Republic ($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 (+7.4%), while the other leaders experienced a decline in the export price figures.

Liquid Dispensing Pump Imports

Imports in Eastern Europe

After four years of growth, purchases abroad of pumps for dispensing liquids decreased by -22.8% to X units in 2021. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 99%. As a result, imports reached the peak of X units, and then contracted markedly in the following year.

In value terms, liquid dispensing pump imports fell to $X in 2021. The total import value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 52%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Poland represented the key importer of pumps for dispensing liquids in Eastern Europe, with the volume of imports accounting for X units, which was approx. 50% of total imports in 2021. Romania (X units) held a 12% share (based on physical terms) of total imports, which put it in second place, followed by Lithuania (9.4%), the Czech Republic (9.3%) and Hungary (6.5%). The following importers - Bulgaria (X units) and Slovakia (X units) - each reached a 5.5% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to liquid dispensing pump imports into Poland stood at +11.8%. At the same time, Lithuania (+45.1%), Hungary (+25.0%), Romania (+18.7%), Bulgaria (+16.5%), the Czech Republic (+11.0%) and Slovakia (+10.6%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +45.1% from 2012-2021. Lithuania (+8.6 p.p.), Romania (+5.8 p.p.), Poland (+5.5 p.p.) and Hungary (+4.4 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) constitutes the largest market for imported pumps for dispensing liquids in Eastern Europe, comprising 28% of total imports. The second position in the ranking was held by Romania ($X), with a 13% share of total imports. It was followed by the Czech Republic, with a 10% share.

In Poland, liquid dispensing pump imports expanded at an average annual rate of +7.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Romania (-1.2% per year) and the Czech Republic (+4.4% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, with an increase of 22% against the previous year. Over the period under review, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 47%. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Czech Republic ($X per unit), while Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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