France: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in France

In 2021, the French positive displacement pump market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a strong increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Positive Displacement Pump Production in France

In value terms, positive displacement pump production skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.6% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 76%. Positive displacement pump production peaked in 2021 and is likely to continue growth in the near future.

Positive Displacement Pump Exports

Exports from France

After two years of decline, shipments abroad of positive displacement pumps and hand pumps increased by 0.7% to X units in 2021. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 279%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, positive displacement pump exports declined to $X in 2021. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2018 when exports increased by 297% against the previous year. The exports peaked at $X in 2020, and then reduced in the following year.

Exports by Country

Belgium (X units) was the main destination for positive displacement pump exports from France, accounting for a 39% share of total exports. Moreover, positive displacement pump exports to Belgium exceeded the volume sent to the second major destination, Spain (X units), fourfold. The UK (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium stood at +41.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+23.3% per year) and the UK (+57.5% per year).

In value terms, Spain ($X), Belgium ($X) and the UK ($X) were the largest markets for positive displacement pump exported from France worldwide, together accounting for 57% of total exports. Germany, the United States, the Czech Republic, the Netherlands, Cote d'Ivoire, China, Poland and Guinea lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, the Czech Republic, with a CAGR of +112.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average positive displacement pump export price amounted to $X per unit, dropping by -6.7% against the previous year. In general, the export price, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2017 when the average export price increased by 68%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Guinea ($X per unit), while the average price for exports to China ($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 Cote d'Ivoire (+33.7%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into France

In 2021, imports of positive displacement pumps and hand pumps into France rose remarkably to X units, picking up by 11% on the previous year. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +10.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +101.9% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 64%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, positive displacement pump imports rose slightly to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.3% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 57%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Spain (X units), China (X units) and Belgium (X units) were the main suppliers of positive displacement pump imports to France, with a combined 63% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +56.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest positive displacement pump suppliers to France were Spain ($X), China ($X) and Belgium ($X), together comprising 49% of total imports.

Belgium, with a CAGR of +32.2%, recorded the highest rates of growth with regard to 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, reducing by -6.5% against the previous year. Overall, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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