Germany: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Germany

The German liquid dispensing pump market contracted significantly to $X in 2021, with a decrease of -53.4% against the previous year. In general, consumption, however, continues to indicate modest growth. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Liquid Dispensing Pump Production in Germany

In value terms, liquid dispensing pump production dropped sharply to $X in 2021 estimated in export price. Overall, production, however, posted a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of 104% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped rapidly in the following year.

Liquid Dispensing Pump Exports

Exports from Germany

In 2021, shipments abroad of pumps for dispensing liquids increased by 31% to X units, rising for the fourth year in a row after three years of decline. Overall, exports saw a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 111% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, liquid dispensing pump exports skyrocketed to $X in 2021. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 127%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X units), the Netherlands (X units) and France (X units) were the main destinations of liquid dispensing pump exports from Germany, with a combined 29% share of total exports. These countries were followed by Switzerland, Belgium, Russia, the UK, Sweden, Poland, Spain, China, the United Arab Emirates and Brazil, which together accounted for a further 43%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for pumps for dispensing liquids exports from Germany, comprising 30% of total exports. The second position in the ranking was held by the UK ($X), with a 5.2% share of total exports. It was followed by the Netherlands, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+31.7% per year) and the Netherlands (+29.5% per year).

Export Prices by Country

In 2021, the average liquid dispensing pump export price amounted to $X per unit, shrinking by -10.9% against the previous year. In general, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 103% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($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 the United States (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into Germany

In 2021, overseas purchases of pumps for dispensing liquids increased by 12% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, imports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 105% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, liquid dispensing pump imports reduced to $X in 2021. Overall, imports recorded a perceptible expansion. The growth pace was the most rapid in 2017 when imports increased by 42%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of liquid dispensing pump to Germany, with a 36% share of total imports. Moreover, liquid dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +8.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-0.4% per year) and the Netherlands (+19.5% per year).

In value terms, France ($X), the United States ($X) and the Netherlands ($X) constituted the largest liquid dispensing pump suppliers to Germany, together comprising 36% of total imports. These countries were followed by China, Italy, the UK, Japan, Switzerland, Mexico, the United Arab Emirates, Belgium, Taiwan (Chinese) and the Czech Republic, which together accounted for a further 50%.

Mexico, with a CAGR of +43.5%, 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 liquid dispensing pump import price stood at $X per unit in 2021, with a decrease of -19.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 156%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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