Global Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size

In 2021, the global liquid dispensing pump market decreased by -2.6% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.6% against 2018 indices. As a result, consumption attained the peak level of $X, and then dropped modestly in the following year.

Liquid Dispensing Pump Production

In value terms, liquid dispensing pump production shrank sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 116% against the previous year. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Liquid Dispensing Pump Exports

Exports

In 2021, approx. X units of pumps for dispensing liquids were exported worldwide; with an increase of 11% against the previous year. Overall, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +4.6% 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 +49.5% against 2018 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Over the period under review, the global exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, liquid dispensing pump exports surged to $X in 2021. In general, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.2% 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 +62.8% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) and the UK (X units) represented the major exporters of pumps for dispensing liquids in 2021, finishing at near 18% and 17% of total exports, respectively. Poland (X units) took the next position in the ranking, followed by India (X units), Germany (X units) and Italy (X units). All these countries together held approx. 28% share of total exports. The following exporters - the Netherlands (X units), the United Arab Emirates (X units), Mexico (X units), the United States (X units), Spain (X units), France (X units) and Belgium (X units) - together made up 22% of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +73.0%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 44% of global exports.

Poland, with a CAGR of +85.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average liquid dispensing pump export price amounted to $X per unit, with an increase of 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2018 when the average export price increased by 32%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the other global leaders experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports

In 2021, overseas purchases 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. Overall, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by 20% against the previous year. Global imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, liquid dispensing pump imports surged to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States represented the key importer of pumps for dispensing liquids in the world, with the volume of imports reaching X units, which was near 34% of total imports in 2021. China (X units) took a 6.3% share (based on physical terms) of total imports, which put it in second place, followed by the UK (4.6%). The following importers - Ethiopia (X units), the Netherlands (X units), Indonesia (X units), Belgium (X units), Oman (X units), India (X units), Nigeria (X units), France (X units), Germany (X units) and Canada (X units) - together made up 22% of total imports.

Imports into the United States increased at an average annual rate of +2.0% from 2012 to 2021. At the same time, the Netherlands (+49.9%), India (+34.6%), Nigeria (+31.8%), Ethiopia (+26.1%), Belgium (+21.3%), China (+20.6%) and Germany (+2.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +49.9% from 2012-2021. By contrast, Oman (-1.7%), France (-4.0%), Canada (-5.5%), Indonesia (-11.0%) and the UK (-30.7%) illustrated a downward trend over the same period. The United States (+21 p.p.), China (+5.7 p.p.), Ethiopia (+2.9 p.p.), the Netherlands (+2.8 p.p.), Belgium (+2 p.p.), India (+2 p.p.) and Nigeria (+1.9 p.p.) significantly strengthened its position in terms of the global imports, while the UK saw its share reduced by -53.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest liquid dispensing pump importing markets worldwide were the United States ($X), China ($X) and Canada ($X), together comprising 42% of global imports. The UK, France, the Netherlands, Germany, Belgium, Indonesia, Nigeria, India, Oman and Ethiopia lagged somewhat behind, together comprising a further 14%.

Nigeria, with a CAGR of +30.5%, saw the highest rates of growth with regard to the value of imports, in terms of 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

The average liquid dispensing pump import price stood at $X per unit in 2021, increasing by 15% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +12.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, liquid dispensing pump import price increased by +21.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 63% against the previous year. Global import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while Ethiopia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+51.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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