U.S.: Market for Measuring And Dispensing Pumps 2024

Market Size for Measuring And Dispensing Pumps in the U.S.

The U.S. measuring and dispensing pump market was estimated at $X in 2021, surging by 5.9% against the previous year. In general, the total consumption indicated strong growth from 2013 to 2021: its value increased at an average annual rate of +6.4% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -12.1% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Measuring And Dispensing Pumps in the U.S.

In value terms, measuring and dispensing pump production reduced modestly to $X in 2021. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Measuring And Dispensing Pumps

Exports from the U.S.

For the fourth consecutive year, the United States recorded decline in overseas shipments of measuring and dispensing pumps, which decreased by -29% to X tons in 2021. Overall, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2017 with an increase of 26%. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, measuring and dispensing pump exports fell modestly to $X in 2021. Over the period under review, exports showed a mild slump. The most prominent rate of growth was recorded in 2018 with an increase of 8.2% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Canada (X tons), Mexico (X tons) and Slovakia (X tons) were the main destinations of measuring and dispensing pump exports from the United States, together comprising 46% of total exports.

From 2013 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +87.2%), while the other leaders experienced mixed trend patterns.

In value terms, Canada ($X), Mexico ($X) and Ireland ($X) were the largest markets for measuring and dispensing pump exported from the United States worldwide, with a combined 43% share of total exports. These countries were followed by China, Brazil, the Netherlands, the UK, Germany, Australia, Italy, Saudi Arabia, Taiwan (Chinese) and Slovakia, which together accounted for a further 26%.

Among the main countries of destination, Slovakia, with a CAGR of +59.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average measuring and dispensing pump export price stood at $X per ton in 2021, rising by 35% against the previous year. Overall, the export price recorded significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 199% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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 Ireland ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+38.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Measuring And Dispensing Pumps

Imports into the U.S.

In 2021, overseas purchases of measuring and dispensing pumps increased by 20% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 76%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, measuring and dispensing pump imports soared to $X in 2021. Overall, imports recorded a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of measuring and dispensing pump to the United States, accounting for a 42% share of total imports. Moreover, measuring and dispensing pump imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The UK (X tons) ranked third in terms of total imports with a 10% share.

From 2013 to 2021, the average annual rate of growth in terms of volume from China totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.3% per year) and the UK (+19.6% per year).

In value terms, Mexico ($X), Poland ($X) and Austria ($X) appeared to be the largest measuring and dispensing pump suppliers to the United States, with a combined 44% share of total imports.

Among the main suppliers, Poland, with a CAGR of +165.5%, 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 measuring and dispensing pump import price stood at $X per ton in 2021, surging by 23% against the previous year. Over the period under review, the import price showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 120% against the previous year. The import price peaked in 2021 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, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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