Turkey: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in Turkey

The Turkish liquid dispensing pump market fell rapidly to $X in 2021, dropping by -50.7% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Liquid Dispensing Pump Production in Turkey

In value terms, liquid dispensing pump production declined markedly to $X in 2021 estimated in export price. Overall, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by 155%. As a result, production attained the peak level of $X, and then reduced rapidly in the following year.

Liquid Dispensing Pump Exports

Exports from Turkey

In 2021, the amount of pumps for dispensing liquids exported from Turkey skyrocketed to X units, with an increase of 156% on the year before. Over the period under review, exports, however, recorded a deep slump. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, liquid dispensing pump exports surged to $X in 2021. Overall, exports, however, continue to indicate a pronounced curtailment. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Oman (X units), Russia (X units) and the United Arab Emirates (X units) were the main destinations of liquid dispensing pump exports from Turkey, together comprising 37% of total exports. Belarus, Georgia, Italy, Ukraine, Afghanistan, Uzbekistan, Iraq, Germany, Azerbaijan and the UK lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +131.5%), while the other leaders experienced more modest paces of growth.

In value terms, Georgia ($X), Belarus ($X) and Uzbekistan ($X) appeared to be the largest markets for liquid dispensing pump exported from Turkey worldwide, together accounting for 24% of total exports. These countries were followed by Ukraine, Russia, Afghanistan, Oman, Azerbaijan, the UK, Iraq, Italy, Germany and the United Arab Emirates, which together accounted for a further 38%.

The UK, with a CAGR of +112.8%, saw the highest rates of growth with regard to the value of exports, among 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 liquid dispensing pump export price stood at $X per unit in 2021, falling by -11.3% against the previous year. In general, the export price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 331%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to the United Arab Emirates ($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 Ukraine (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into Turkey

In 2021, approx. X units of pumps for dispensing liquids were imported into Turkey; shrinking by -38.2% against 2020 figures. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 312%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, liquid dispensing pump imports reached $X in 2021. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 80% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of liquid dispensing pump to Turkey, accounting for a 57% share of total imports. Moreover, liquid dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fourfold. India (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+21.3% per year) and India (+6.8% per year).

In value terms, the United Arab Emirates ($X), Germany ($X) and China ($X) appeared to be the largest liquid dispensing pump suppliers to Turkey, together accounting for 50% of total imports.

The United Arab Emirates, with a CAGR of +39.4%, saw the highest rates of growth with regard to the value of imports, among 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, growing by 66% against the previous year. Overall, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 86% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 India (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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