Switzerland: Pump For Liquid Market 2024

Pump For Liquid Market Size in Switzerland

The Swiss pump for liquid market dropped to $X in 2021, shrinking by -14% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.5% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Pump For Liquid Production in Switzerland

In value terms, pump for liquid production expanded significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2017 when the production volume increased by 221% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Pump For Liquid Exports

Exports from Switzerland

In 2021, overseas shipments of pumps for liquids and liquid elevators increased by 32% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a deep contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, pump for liquid exports surged to $X in 2021. The total export value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units), Germany (X units) and Spain (X units) were the main destinations of pump for liquid exports from Switzerland, with a combined 58% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +17.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the United States ($X) constituted the largest markets for pump for liquid exported from Switzerland worldwide, with a combined 51% share of total exports. France, Italy, Austria, the UK, Spain, Japan, Sweden, India, Poland and Australia lagged somewhat behind, together accounting for a further 29%.

Poland, with a CAGR of +13.2%, recorded the highest growth rate of the value of exports, in terms of 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 pump for liquid export price stood at $X per unit in 2021, dropping by -9.7% against the previous year. In general, the export price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 126%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Spain ($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 Germany (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into Switzerland

In 2021, the amount of pumps for liquids and liquid elevators imported into Switzerland fell to X units, dropping by -8.6% on the year before. Overall, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.1% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 46% against the previous year. Imports peaked at X units in 2020, and then contracted in the following year.

In value terms, pump for liquid imports rose notably to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of pump for liquid to Switzerland, with a 44% share of total imports. Moreover, pump for liquid imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+26.4% per year) and Italy (-4.3% per year).

In value terms, Germany ($X) constituted the largest supplier of pumps for liquids and liquid elevators to Switzerland, comprising 48% of total imports. The second position in the ranking was held by Italy ($X), with a 12% share of total imports. It was followed by the United States, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.5% per year) and the United States (+6.1% per year).

Import Prices by Country

The average pump for liquid import price stood at $X per unit in 2021, rising by 22% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 72% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform