Switzerland: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Switzerland

The Swiss pumps for liquids market rose sharply to $X in 2022, growing by 7.2% against the previous year. Over the period under review, consumption saw a noticeable decrease. Pumps for liquids consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Pumps For Liquids Production in Switzerland

In value terms, pumps for liquids production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when the production volume increased by 20%. Pumps for liquids production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pumps For Liquids Exports

Exports from Switzerland

In 2022, approx. X units of pumps for liquids were exported from Switzerland; with a decrease of -8.5% on 2021 figures. Over the period under review, exports recorded a slight decrease. The growth pace was the most rapid in 2017 with an increase of 25%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pumps for liquids exports expanded remarkably to $X in 2022. The total export value increased at an average annual rate of +2.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X units) was the main destination for pumps for liquids exports from Switzerland, accounting for a 45% share of total exports. Moreover, pumps for liquids exports to China exceeded the volume sent to the second major destination, Austria (X units), fivefold. The third position in this ranking was held by Germany (X units), with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-1.5% per year) and Germany (-2.4% per year).

In value terms, Germany ($X), China ($X) and the United States ($X) appeared to be the largest markets for pumps for liquids exported from Switzerland worldwide, with a combined 38% share of total exports. Italy, Austria, Poland, the Netherlands, the UK, Spain, India and Jordan lagged somewhat behind, together comprising a further 16%.

Poland, with a CAGR of +20.5%, recorded the highest rates of growth with regard to 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

In 2022, the average pumps for liquids export price amounted to $X per unit, jumping by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.6%. The growth pace was the most rapid in 2014 an increase of 20%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Jordan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pumps For Liquids Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in overseas purchases of pumps for liquids, when their volume decreased by -8.5% to X units. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of 40%. Imports peaked at X units in 2021, and then reduced in the following year.

In value terms, pumps for liquids imports totaled $X in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X units), Denmark (X units) and China (X units) were the main suppliers of pumps for liquids imports to Switzerland, with a combined 65% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +23.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of pumps for liquids to Switzerland, comprising 48% of total imports. The second position in the ranking was taken by Denmark ($X), with a 16% share of total imports. It was followed by Hungary, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+23.4% per year) and Hungary (+13.0% per year).

Import Prices by Country

The average pumps for liquids import price stood at $X per unit in 2022, picking up by 11% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform