Russian Federation: Pumps For Liquids Market 2025

Pumps For Liquids Market Size in the Russian Federation

The Russian pumps for liquids market declined to $X in 2022, with a decrease of -13.8% against the previous year. Over the period under review, consumption continues to indicate a slight setback. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Pumps For Liquids Production in the Russian Federation

In value terms, pumps for liquids production contracted to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the production volume increased by 36% against the previous year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Pumps For Liquids Exports

Exports from the Russian Federation

After six years of growth, shipments abroad of pumps for liquids decreased by -7.1% to X units in 2022. Over the period under review, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2014 when exports increased by 53%. The exports peaked at X units in 2021, and then shrank in the following year.

In value terms, pumps for liquids exports shrank to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 99%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Belarus (X units), Kazakhstan (X units) and Ukraine (X units) were the main destinations of pumps for liquids exports from Russia, together comprising 89% of total exports. Bangladesh, Egypt, Kyrgyzstan, Uzbekistan and Azerbaijan lagged somewhat behind, together accounting for a further 7.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bangladesh (with a CAGR of +211.2%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) emerged as the key foreign market for pumps for liquids exports from Russia, comprising 39% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 17% share of total exports. It was followed by Belarus, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Kazakhstan amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+157.5% per year) and Belarus (-1.1% per year).

Export Prices by Country

The average pumps for liquids export price stood at $X per unit in 2022, shrinking by -7.8% against the previous year. In general, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 49% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to Ukraine ($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 Uzbekistan (-0.9%), while the prices for the other major destinations experienced a decline.

Pumps For Liquids Imports

Imports into the Russian Federation

In 2022, imports of pumps for liquids into Russia reduced rapidly to X units, waning by -19.2% compared with 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -30.5% against 2017 indices. The pace of growth was the most pronounced in 2016 with an increase of 54% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, pumps for liquids imports dropped to $X in 2022. Overall, imports recorded a mild shrinkage. The growth pace was the most rapid in 2021 when imports increased by 25%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

France (X units), China (X units) and Serbia (X units) were the main suppliers of pumps for liquids imports to Russia, with a combined 57% share of total imports. Italy, Germany, South Korea, Slovenia, Belarus, Mexico, Spain, Denmark and Ukraine lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +35.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of pumps for liquids to Russia, comprising 41% of total imports. The second position in the ranking was held by Germany ($X), with an 11% share of total imports. It was followed by Italy, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.3% per year) and Italy (-0.9% per year).

Import Prices by Country

The average pumps for liquids import price stood at $X per unit in 2022, with an increase of 11% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 13%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform