U.S.: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in the U.S.

In 2021, the U.S. liquid dispensing pump market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Liquid Dispensing Pump Exports

Exports from the U.S.

In 2021, overseas shipments of pumps for dispensing liquids were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of 30% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, liquid dispensing pump exports declined to $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then fell in the following year.

Exports by Country

Canada (X units) was the main destination for liquid dispensing pump exports from the United States, accounting for a 30% share of total exports. Moreover, liquid dispensing pump exports to Canada exceeded the volume sent to the second major destination, Brazil (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada amounted to -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+29.6% per year) and the Netherlands (+22.5% per year).

In value terms, Canada ($X) remains the key foreign market for pumps for dispensing liquids exports from the United States, comprising 23% of total exports. The second position in the ranking was held by Ireland ($X), with an 8.1% share of total exports. It was followed by China, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at -7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+31.1% per year) and China (+3.3% per year).

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, waning by -16.9% against the previous year. Over the period under review, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 9.8% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 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 Ireland ($X per unit), while the average price for exports to Oman ($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 the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports into the U.S.

In 2021, imports of pumps for dispensing liquids into the United States rose markedly to X units, with an increase of 11% compared with the year before. The total import volume increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when imports increased by 15% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, liquid dispensing pump imports surged to $X in 2021. In general, imports showed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X units), Germany (X units) and Italy (X units) were the main suppliers of liquid dispensing pump imports to the United States, together comprising 56% of total imports. Mexico, Poland, China, Austria and France lagged somewhat behind, together comprising a further 35%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +270.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Poland ($X) and Italy ($X) constituted the largest liquid dispensing pump suppliers to the United States, with a combined 48% share of total imports.

Among the main suppliers, Poland, with a CAGR of +204.5%, 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

The average liquid dispensing pump import price stood at $X per unit in 2021, with an increase of 32% against the previous year. Overall, the import price showed a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Austria ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :