Global Hand-Operated Air Pump Market 2024

Hand-Operated Air Pump Market Size

In 2022, after four years of growth, there was significant decline in the global hand-operated air pump market, when its value decreased by -6.5% to $X. The market value increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2021, and then declined in the following year.

Hand-Operated Air Pump Production

In value terms, hand-operated air pump production dropped sharply to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when the production volume increased by 2,344% against the previous year. Over the period under review, global production attained the maximum level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Hand-Operated Air Pump Exports

Exports

In 2022, shipments abroad of hand or foot-operated air pumps decreased by -14% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16%. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, hand-operated air pump exports shrank to $X in 2022. Overall, total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

China represented the largest exporter of hand or foot-operated air pumps in the world, with the volume of exports reaching X units, which was near 80% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), constituting an 11% share of total exports. Germany (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the hand or foot-operated air pumps exports, with a CAGR of -1.3% from 2012 to 2022. Germany (-3.7%) and Taiwan (Chinese) (-8.1%) illustrated a downward trend over the same period. China (+8.9 p.p.) significantly strengthened its position in terms of the global exports, while Taiwan (Chinese) saw its share reduced by -8.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hand-operated air pump supplier worldwide, comprising 57% of global exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 20% share of global exports.

In China, hand-operated air pump exports increased at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+9.5% per year) and Germany (+1.4% per year).

Export Prices by Country

The average hand-operated air pump export price stood at $X per unit in 2022, increasing by 2.7% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-operated air pump export price increased by +42.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 19%. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.2%), while the other global leaders experienced more modest paces of growth.

Hand-Operated Air Pump Imports

Imports

After five years of growth, supplies from abroad of hand or foot-operated air pumps decreased by -15.6% to X units in 2022. The total import volume increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, hand-operated air pump imports declined to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 23% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, India (X units) and the United States (X units) were the key importers of hand or foot-operated air pumpsaround the world, together constituting 25% of total imports. Germany (X units) took the next position in the ranking, followed by the Netherlands (X units) and Mexico (X units). All these countries together held approx. 16% share of total imports. France (X units), Spain (X units), Russia (X units), the UK (X units), Poland (X units), Thailand (X units), Japan (X units) and Colombia (X units) held a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +8.2%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 26% share of global imports. The Netherlands, Spain, India, the UK, Japan, Poland, Mexico, Thailand, Russia and Colombia lagged somewhat behind, together comprising a further 28%.

Spain, with a CAGR of +8.8%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hand-operated air pump import price amounted to $X per unit, with an increase of 6.3% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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