EU: Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size in the EU

In 2022, the EU hand-operated air pump market increased by 3.6% to $X, rising for the sixth year in a row after four years of decline. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +109.1% against 2016 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Hand-Operated Air Pump Production in the EU

In value terms, hand-operated air pump production stood at $X in 2022 estimated in export price. Overall, production, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 60%. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hand-Operated Air Pump Exports

Exports in the EU

After two years of growth, shipments abroad of hand or foot-operated air pumps decreased by -10.9% to X units in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 46% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then reduced in the following year.

In value terms, hand-operated air pump exports fell sharply to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. The level of export peaked at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

In 2022, Germany (X units), the Netherlands (X units), France (X units) and Spain (X units) represented the largest exporter of hand or foot-operated air pumps in the European Union, committing 74% of total export. It was distantly followed by Poland (X units), mixing up an 8.2% share of total exports. The following exporters - Austria (X units) and Denmark (X units) - together made up 5.7% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland (with a CAGR of +7.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 62% of total exports. Spain, Poland, Austria and Denmark lagged somewhat behind, together comprising a further 23%.

Poland, with a CAGR of +7.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, dropping by -13% against the previous year. Export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated air pump export price increased by +53.4% against 2016 indices. The pace of growth was the most pronounced in 2017 when the export price increased by 48%. The level of export peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the other leaders experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports in the EU

In 2022, supplies from abroad of hand or foot-operated air pumps increased by 4.8% to X units, rising for the sixth year in a row after two years of decline. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 17% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, hand-operated air pump imports fell modestly to $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X, and then dropped modestly in the following year.

Imports by Country

Germany (X units), the Netherlands (X units), France (X units) and Spain (X units) represented roughly 61% of total imports in 2022. Poland (X units) ranks next in terms of the total imports with a 7.1% share, followed by Italy (5.7%). Denmark (X units), Austria (X units), Romania (X units), Hungary (X units), Belgium (X units), the Czech Republic (X units) and Greece (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined 52% share of total imports. Spain, Italy, Poland, Austria, Belgium, the Czech Republic, Denmark, Hungary, Romania and Greece lagged somewhat behind, together comprising a further 38%.

Romania, with a CAGR of +10.1%, saw the highest rates of growth with regard to 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 the European Union stood at $X per unit in 2022, with a decrease of -9.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 14%. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+5.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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