Report Update Nov 1, 2024

Sri Lanka - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Sri Lanka

In 2021, the Sri Lankan positive displacement pump market increased by 14% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw strong growth. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Positive Displacement Pump Exports

Exports from Sri Lanka

In 2021, approx. X units of positive displacement pumps and hand pumps were exported from Sri Lanka; jumping by 4,570% on 2020. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, positive displacement pump exports soared to $X in 2021. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Israel (X units), South Korea (X units) and Germany (X units) were the main destinations of positive displacement pump exports from Sri Lanka, together comprising 79% of total exports. Kenya, Japan, Maldives and Bhutan lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Kenya (with a CAGR of +310.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for positive displacement pumps and hand pumps exports from Sri Lanka, comprising 63% of total exports. The second position in the ranking was taken by Maldives ($X), with a 17% share of total exports. It was followed by Germany, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan amounted to +114.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (+52.3% per year) and Germany (+54.3% per year).

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2021, which is down by -11.6% against the previous year. Overall, the export price showed a pronounced contraction. The growth pace was the most rapid in 2014 an increase of 259%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Japan ($X per unit), while the average price for exports to Israel ($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 Japan (+28.3%), while the prices for the other major destinations experienced mixed trend patterns.

Positive Displacement Pump Imports

Imports into Sri Lanka

In 2021, supplies from abroad of positive displacement pumps and hand pumps increased by 26% to X units, rising for the second consecutive year after two years of decline. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 240%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, positive displacement pump imports soared to $X in 2021. Overall, imports enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 174%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

India (X units), Vietnam (X units) and China (X units) were the main suppliers of positive displacement pump imports to Sri Lanka, together comprising 89% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +109.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Sri Lanka, comprising 68% of total imports. The second position in the ranking was held by India ($X), with a 15% share of total imports. It was followed by Vietnam, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +25.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.6% per year) and Vietnam (+65.7% per year).

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, with a decrease of -3.7% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 103%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for positive displacement pumps and hand pumps in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and Mexico, with a combined 58% share of global consumption.

What are the largest producers of positive displacement pumps and hand pumps in the world?

China remains the largest positive displacement pump producing country worldwide, accounting for 75% of total volume. Moreover, positive displacement pump production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was occupied by Spain, with a 5.3% share.

What are the leading suppliers of positive displacement pumps and hand pumps to Sri Lanka?

In value terms, China constituted the largest supplier of positive displacement pump to Sri Lanka, comprising 49% of total imports. The second position in the ranking was occupied by Vietnam, with a 20% share of total imports.

What are the leading importers of positive displacement pumps and hand pumps from Sri Lanka?

In value terms, Maldives remains the key foreign market for positive displacement pump exports from Sri Lanka, comprising 39% of total exports. The second position in the ranking was occupied by Kenya $365), with a 1.1% share of total exports.

What is the average export price for positive displacement pumps and hand pumps in Sri Lanka?

The average positive displacement pump export price stood at $1.7 per unit in 2021, shrinking by -33.1% against the previous year.

What is the average import price for positive displacement pumps and hand pumps in Sri Lanka?

In 2021, the average positive displacement pump import price amounted to $0.6 per unit, dropping by -5.8% against the previous year.

This report provides an in-depth analysis of the positive displacement pump market in Sri Lanka. 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 28131145 - Positive displacement pumps, hand pumps

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023