Report Update Nov 1, 2024

Latin America and the Caribbean - Pumps for Liquids and Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Pump For Liquid Market 2024

Pump For Liquid Market Size in Latin America and the Caribbean

The Latin American pump for liquid market expanded slightly to $X in 2021, rising by 3.4% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the market value increased by 7.6%. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Pump For Liquid Production in Latin America and the Caribbean

In value terms, pump for liquid production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep slump. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pump For Liquid Exports

Exports in Latin America and the Caribbean

In 2021, exports of pumps for liquids and liquid elevators in Latin America and the Caribbean soared to X units, jumping by 262% against the previous year. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pump for liquid exports rose rapidly to $X in 2021. The total export value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of pumps for liquids and liquid elevators, namely Mexico, represented more than two-thirds of total export.

Mexico experienced a relatively flat trend pattern with regard to volume of exports of pumps for liquids and liquid elevators. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) also remains the largest pump for liquid supplier in Latin America and the Caribbean.

From 2012 to 2021, the average annual growth rate of value in Mexico amounted to +4.9%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, reducing by -68.8% against the previous year. In general, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2016 when the export price increased by 308%. Over the period under review, the export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From 2012 to 2021, the rate of growth in terms of prices for Mexico amounted to +4.2% per year.

Pump For Liquid Imports

Imports in Latin America and the Caribbean

For the sixth year in a row, LatAmerica and the Caribbean recorded growth in supplies from abroad of pumps for liquids and liquid elevators, which increased by 48% to X units in 2021. Overall, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, pump for liquid imports soared to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Mexico (X units) represented the major importer of pumps for liquids and liquid elevators, making up 58% of total imports. Colombia (X units) held a 16% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (11%) and Brazil (5.7%).

Imports into Mexico increased at an average annual rate of +20.4% from 2012 to 2021. At the same time, Colombia (+28.8%) and Brazil (+7.8%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +28.8% from 2012-2021. By contrast, Argentina (-5.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Mexico and Colombia increased by +30 and +12 percentage points, respectively.

In value terms, Mexico ($X) constitutes the largest market for imported pumps for liquids and liquid elevators in Latin America and the Caribbean, comprising 42% of total imports. The second position in the ranking was held by Brazil ($X), with a 21% share of total imports. It was followed by Argentina, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value in Mexico stood at +1.5%. In the other countries, the average annual rates were as follows: Brazil (+1.3% per year) and Argentina (-2.3% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per unit, falling by -13.4% against the previous year. Over the period under review, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2013 when the import price increased by 2.6% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Brazil ($X per unit), while Colombia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+2.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

This report provides an in-depth analysis of the pump for liquid market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28121320 - Hydraulic pumps (radial piston)
Prodcom 28121350 - Hydraulic pumps (gear)
Prodcom 28121380 - Hydraulic pumps (vane)
Prodcom 28121530 - Hydraulic pumps (axial piston)
Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
Prodcom 28131105 - Petrol and oil dispensing pumps, unit
Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
Prodcom 28131145 - Positive displacement pumps, hand pumps
Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
Prodcom 28131185 - Concrete pumps
Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
Prodcom 28131250 - In-line reciprocating piston pumps
Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
Prodcom 28131320 - Positive displacement pumps, rotary, gear
Prodcom 28131340 - Positive displacement pumps, rotary, vane
Prodcom 28131360 - Positive displacement pumps, rotary, screw
Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
Prodcom 28131480 - Other liquid pumps, liquid elevators

Country coverage:

Anguilla
Antigua and Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bolivia
Brazil
British Virgin Islands
Cayman Islands
Chile
Colombia
Costa Rica
Cuba
Curacao
Dominica
Dominican Republic
Ecuador
El Salvador
Falkland Islands (Malvinas)
French Guiana
Grenada
Guadeloupe
Guatemala
Guyana
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Saint Maarten (Dutch part)
Suriname
Trinidad and Tobago
Turks and Caicos Islands
United States Virgin Islands
Uruguay
Venezuela
Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Latin America and the Caribbean, split by region and country
Trade (exports and imports) in Latin America and the Caribbean
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Anguilla
- Antigua and Barbuda
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bolivia
- Brazil
- British Virgin Islands
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Cuba
- Curacao
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- Falkland Islands (Malvinas)
- French Guiana
- Grenada
- Guadeloupe
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Martinique
- Mexico
- Montserrat
- Nicaragua
- Panama
- Paraguay
- Peru
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Saint Maarten (Dutch part)
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- United States Virgin Islands
- Uruguay
- Venezuela
- Puerto Rico
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023