Ukraine: Pump For Liquid Market 2024

Pump For Liquid Market Size in Ukraine

In 2021, the Ukrainian pump for liquid market increased by 7.4% to $X, rising for the sixth consecutive year after three years of decline. Over the period under review, consumption, however, showed measured growth. Pump for liquid consumption peaked in 2021 and is likely to continue growth in the immediate term.

Pump For Liquid Production in Ukraine

In value terms, pump for liquid production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production showed a deep downturn. The pace of growth was the most pronounced in 2016 when the production volume increased by 20% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Pump For Liquid Exports

Exports from Ukraine

In 2021, pump for liquid exports from Ukraine declined dramatically to X units, shrinking by -50.8% compared with 2020. In general, exports, however, posted a mild expansion. The pace of growth appeared the most rapid in 2016 with an increase of 46% against the previous year. The exports peaked at X units in 2020, and then shrank significantly in the following year.

In value terms, pump for liquid exports reached $X in 2021. Over the period under review, exports showed a abrupt downturn. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units) was the main destination for pump for liquid exports from Ukraine, accounting for a 63% share of total exports. Moreover, pump for liquid exports to Russia exceeded the volume sent to the second major destination, Belarus (X units), ninefold. The third position in this ranking was taken by Moldova (X units), with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-3.3% per year) and Moldova (+15.6% per year).

In value terms, Russia ($X) remains the key foreign market for pumps for liquids and liquid elevators exports from Ukraine, comprising 56% of total exports. The second position in the ranking was taken by Belarus ($X), with a 6.4% share of total exports. It was followed by Kazakhstan, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to -10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-3.2% per year) and Kazakhstan (-5.3% per year).

Export Prices by Country

The average pump for liquid export price stood at $X per unit in 2021, picking up by 131% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Moldova ($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 Kazakhstan (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.

Pump For Liquid Imports

Imports into Ukraine

In 2021, supplies from abroad of pumps for liquids and liquid elevators decreased by -5% to X units for the first time since 2015, thus ending a five-year rising trend. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by 94% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020, and then dropped in the following year.

In value terms, pump for liquid imports surged to $X in 2021. In general, imports, however, posted slight growth. The pace of growth appeared the most rapid in 2017 with an increase of 39%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Turkey (X units) constituted the largest supplier of pump for liquid to Ukraine, with a 61% share of total imports. Moreover, pump for liquid imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Italy (X units), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.1% per year) and Italy (+16.9% per year).

In value terms, the largest pump for liquid suppliers to Ukraine were Italy ($X), China ($X) and Poland ($X), with a combined 47% share of total imports. Turkey and Belarus lagged somewhat behind, together comprising a further 3.6%.

Among the main suppliers, Turkey, with a CAGR of +19.2%, saw the highest rates of growth with regard to 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 pump for liquid import price stood at $X per unit in 2021, picking up by 22% against the previous year. In general, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 an increase of 58% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average 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 Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform