Italy: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Italy

The Italian pumps for liquids market surged to $X in 2022, rising by 283% against the previous year. Overall, consumption recorded significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pumps For Liquids Production in Italy

In value terms, pumps for liquids production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Pumps for liquids production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Pumps For Liquids Exports

Exports from Italy

In 2022, shipments abroad of pumps for liquids increased by 6.3% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, pumps for liquids exports declined to $X in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports reached the peak of $X, and then reduced modestly in the following year.

Exports by Country

Poland (X units), Turkey (X units) and the United States (X units) were the main destinations of pumps for liquids exports from Italy, together accounting for 32% of total exports. Germany, Spain, France, the Netherlands, the UK, Slovakia, China, Australia, Saudi Arabia and Russia lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +23.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pumps for liquids exported from Italy were France ($X), the United States ($X) and Germany ($X), with a combined 23% share of total exports. The UK, the Netherlands, Spain, Russia, Poland, Turkey, Saudi Arabia, Australia, China and Slovakia lagged somewhat behind, together comprising a further 33%.

Among the main countries of destination, China, with a CAGR of +23.2%, recorded 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

The average pumps for liquids export price stood at $X per unit in 2022, falling by -7.4% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 15%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.0%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps For Liquids Imports

Imports into Italy

Pumps for liquids imports into Italy reduced rapidly to X units in 2022, which is down by -20.9% against the previous year. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2017 with an increase of 26%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, pumps for liquids imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X units), France (X units) and Hungary (X units) were the main suppliers of pumps for liquids imports to Italy, with a combined 74% share of total imports. Germany, Poland, the Netherlands and Denmark lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +44.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Hungary ($X) were the largest pumps for liquids suppliers to Italy, together accounting for 53% of total imports. Germany, China, the Netherlands and Denmark lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, the Netherlands, with a CAGR of +32.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pumps for liquids import price amounted to $X per unit, growing by 23% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pumps for liquids import price increased by +76.2% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform