Spain: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Spain

The Spanish liquid dispensing pump market dropped rapidly to $X in 2021, which is down by -44.1% against the previous year. In general, consumption, however, saw a perceptible expansion. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Liquid Dispensing Pump Production in Spain

In value terms, liquid dispensing pump production reduced modestly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 2.2%. Liquid dispensing pump production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Liquid Dispensing Pump Exports

Exports from Spain

In 2021, approx. X units of pumps for dispensing liquids were exported from Spain; with an increase of 30% compared with the year before. Over the period under review, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year. The exports peaked in 2021 and are likely to continue growth in the near future.

In value terms, liquid dispensing pump exports soared to $X in 2021. In general, exports posted a measured expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 227% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Portugal (X units) was the main destination for liquid dispensing pump exports from Spain, with a 68% share of total exports. Moreover, liquid dispensing pump exports to Portugal exceeded the volume sent to the second major destination, France (X units), more than tenfold. The third position in this ranking was taken by Tanzania (X units), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal stood at +59.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+36.3% per year) and Tanzania (0.0% per year).

In value terms, Portugal ($X), Saudi Arabia ($X) and France ($X) were the largest markets for liquid dispensing pump exported from Spain worldwide, together accounting for 40% of total exports. Israel, Tanzania, the Philippines, the United Arab Emirates, Romania and Algeria lagged somewhat behind, together accounting for a further 12%.

The Philippines, with a CAGR of +81.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, remaining stable against the previous year. Over the period under review, the export price showed a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 452% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Portugal ($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 Algeria (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Liquid Dispensing Pump Imports

Imports into Spain

In 2021, the amount of pumps for dispensing liquids imported into Spain skyrocketed to X units, growing by 24% against 2020. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 1,491%. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid dispensing pump imports soared to $X in 2021. Overall, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of liquid dispensing pump imports to Spain, with a combined 86% share of total imports. The United States, Belgium, the UK and France lagged somewhat behind, together comprising a further 9.9%.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +39.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of pumps for dispensing liquids to Spain, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by China, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Italy totaled +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.7% per year) and China (+8.1% per year).

Import Prices by Country

In 2021, the average liquid dispensing pump import price amounted to $X per unit, jumping by 52% against the previous year. In general, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 2,122%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for China ($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 United States (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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