Sweden: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Sweden

In 2021, the Swedish liquid dispensing pump market increased by 119% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption showed a resilient increase. Liquid dispensing pump consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Liquid Dispensing Pump Production in Sweden

In value terms, liquid dispensing pump production shrank to $X in 2021 estimated in export price. In general, production saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 when the production volume increased by 867%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Liquid Dispensing Pump Exports

Exports from Sweden

In 2021, approx. X units of pumps for dispensing liquids were exported from Sweden; falling by -52.7% on the previous year's figure. Overall, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. As a result, the exports attained the peak of X units, and then contracted remarkably in the following year.

In value terms, liquid dispensing pump exports fell notably to $X in 2021. In general, exports recorded a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 140%. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Finland (X units), Norway (X units) and the United States (X units) were the main destinations of liquid dispensing pump exports from Sweden, with a combined 48% share of total exports. These countries were followed by the UK, Germany, Italy, Singapore, Denmark, France, Poland, Estonia, the United Arab Emirates and Israel, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for pumps for dispensing liquids exports from Sweden, comprising 32% of total exports. The second position in the ranking was taken by the UK ($X), with a 9% share of total exports. It was followed by Singapore, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+32.3% per year) and Singapore (+8.5% per year).

Export Prices by Country

In 2021, the average liquid dispensing pump export price amounted to $X per unit, declining by -20.9% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, liquid dispensing pump export price increased by +40.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 38% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Finland ($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 Israel (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into Sweden

In 2021, supplies from abroad of pumps for dispensing liquids increased by 29% to X units, rising for the second year in a row after two years of decline. Overall, imports recorded a resilient increase. The pace of growth was the most pronounced in 2016 with an increase of 82%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, liquid dispensing pump imports soared to $X in 2021. In general, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of liquid dispensing pump imports to Sweden, together comprising 48% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +66.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest liquid dispensing pump suppliers to Sweden were the Netherlands ($X), the UK ($X) and Germany ($X), together comprising 62% of total imports.

The Netherlands, with a CAGR of +51.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average liquid dispensing pump import price amounted to $X per unit, waning by -1.8% against the previous year. Over the period under review, the import price showed a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 71%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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