United Kingdom: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in the UK

The UK liquid dispensing pump market contracted remarkably to $X in 2021, with a decrease of -26% against the previous year. Over the period under review, consumption recorded a sharp descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Liquid Dispensing Pump Production in the UK

In value terms, liquid dispensing pump production fell slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 23%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Liquid Dispensing Pump Exports

Exports from the UK

In 2021, after two years of growth, there was significant decline in shipments abroad of pumps for dispensing liquids, when their volume decreased by -21.9% to X units. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 73%. Over the period under review, the exports reached the maximum at X units in 2020, and then reduced notably in the following year.

In value terms, liquid dispensing pump exports expanded rapidly to $X in 2021. In general, total exports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +74.1% against 2016 indices. The pace of growth was the most pronounced in 2020 when exports increased by 28% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

The United States (X units) was the main destination for liquid dispensing pump exports from the UK, accounting for a 90% share of total exports. It was followed by the United Arab Emirates (X units), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +33.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-15.6% per year) and Germany (-24.9% per year).

In value terms, the United States ($X) remains the key foreign market for pumps for dispensing liquids exports from the UK, comprising 39% of total exports. The second position in the ranking was taken by Germany ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.1% per year) and the United Arab Emirates (-11.1% per year).

Export Prices by Country

The average liquid dispensing pump export price stood at $X per unit in 2021, growing by 44% against the previous year. Overall, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2018 an increase of 67% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to the United States ($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 Germany (+38.7%), while the prices for the other major destinations experienced mixed trend patterns.

Liquid Dispensing Pump Imports

Imports into the UK

Liquid dispensing pump imports into the UK fell remarkably to X units in 2021, dropping by -17.5% on the previous year. Overall, imports faced a sharp slump. The pace of growth appeared the most rapid in 2015 when imports increased by 158% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid dispensing pump imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -21.4% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest liquid dispensing pump supplier to the UK, accounting for a 60% share of total imports. Moreover, liquid dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -27.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-35.1% per year) and the United States (-36.8% per year).

In value terms, the largest liquid dispensing pump suppliers to the UK were the United States ($X), Germany ($X) and China ($X), with a combined 67% share of total imports. These countries were followed by the Czech Republic, Belgium, Italy, France, India, Taiwan (Chinese), Denmark, the United Arab Emirates, Mexico and Spain, which together accounted for a further 24%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +61.8%, recorded 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 liquid dispensing pump import price stood at $X per unit in 2021, surging by 47% against the previous year. In general, the import price posted significant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,098%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+82.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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