Saudi Arabia: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Saudi Arabia

The Saudi positive displacement pump market totaled $X in 2021, growing by 8.5% against the previous year. Overall, consumption posted a significant increase. Positive displacement pump consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Positive Displacement Pump Production in Saudi Arabia

In value terms, positive displacement pump production rose markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 195%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Positive Displacement Pump Exports

Exports from Saudi Arabia

In 2021, shipments abroad of positive displacement pumps and hand pumps increased by 35% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, showed a precipitous decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 599%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, positive displacement pump exports surged to $X in 2021. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 697% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Sudan (X units) was the main destination for positive displacement pump exports from Saudi Arabia, accounting for a 71% share of total exports. Moreover, positive displacement pump exports to Sudan exceeded the volume sent to the second major destination, Tanzania (X units), tenfold. Turkey (X units) ranked third in terms of total exports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume to Sudan stood at +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (-26.7% per year) and Turkey (+592.4% per year).

In value terms, the largest markets for positive displacement pump exported from Saudi Arabia were the United Arab Emirates ($X), Sudan ($X) and Tanzania ($X), together accounting for 27% of total exports. Germany, Austria, Turkey and Singapore lagged somewhat behind, together accounting for a further 12%.

In terms of the main countries of destination, Austria, with a CAGR of +66.4%, saw the highest growth rate of 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 positive displacement pump export price stood at $X per unit in 2021, surging by 112% against the previous year. Overall, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2015 an increase of 296% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Sudan ($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 UK (+88,278.2%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into Saudi Arabia

After three years of growth, overseas purchases of positive displacement pumps and hand pumps decreased by -32.2% to X units in 2021. In general, imports, however, posted buoyant growth. The pace of growth was the most pronounced in 2020 when imports increased by 260% against the previous year. As a result, imports attained the peak of X units, and then shrank dramatically in the following year.

In value terms, positive displacement pump imports plummeted to $X in 2021. Overall, imports, however, enjoyed a prominent increase. The growth pace was the most rapid in 2020 when imports increased by 76% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2021, China (X units) was the main supplier of positive displacement pump to Saudi Arabia, with a 2,439% share of total imports. Moreover, positive displacement pump imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +66.9%.

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Saudi Arabia, comprising 26% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +26.7%.

Import Prices by Country

In 2021, the average positive displacement pump import price amounted to $X per unit, increasing by 12% against the previous year. Overall, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 231% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Taiwan (Chinese) amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+20.5%).

Source: IndexBox Platform

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