Tunisia: Vacuum Pump Market 2024

Vacuum Pump Market Size in Tunisia

The Tunisian vacuum pump market rose sharply to $X in 2022, growing by 7.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a buoyant increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Vacuum Pump Exports

Exports from Tunisia

In 2022, the amount of vacuum pumps exported from Tunisia reduced to X units, waning by -13.3% on 2021. In general, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2016 with an increase of 169% against the previous year. 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, vacuum pump exports declined dramatically to $X in 2022. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 490% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Algeria (X units) was the main destination for vacuum pump exports from Tunisia, with a 38% share of total exports. Moreover, vacuum pump exports to Algeria exceeded the volume sent to the second major destination, Libya (X units), fivefold. Morocco (X units) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Algeria amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (+7.2% per year) and Morocco (+7.2% per year).

In value terms, Algeria ($X) remains the key foreign market for vacuum pumps exports from Tunisia, comprising 54% of total exports. The second position in the ranking was taken by Morocco ($X), with a 13% share of total exports. It was followed by Italy, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Algeria stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (+15.4% per year) and Italy (+16.2% per year).

Export Prices by Country

In 2022, the average vacuum pump export price amounted to $X per unit, dropping by -6.1% against the previous year. Overall, the export price, however, showed a modest expansion. The most prominent rate of growth was recorded in 2017 an increase of 176% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to the Czech Republic ($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 Italy (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Vacuum Pump Imports

Imports into Tunisia

In 2022, the amount of vacuum pumps imported into Tunisia soared to X units, with an increase of 16% on the previous year. Overall, imports saw resilient growth. The pace of growth was the most pronounced in 2019 with an increase of 101% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, vacuum pump imports shrank to $X in 2022. In general, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 81%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), Turkey (X units) and Spain (X units) were the main suppliers of vacuum pump imports to Tunisia, together comprising 68% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +38.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Germany ($X) appeared to be the largest vacuum pump suppliers to Tunisia, together accounting for 60% of total imports. Spain, Turkey, China and the UK lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Turkey, with a CAGR of +39.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vacuum pump import price amounted to $X per unit, declining by -18.2% against the previous year. In general, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 90% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+304.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform