Asia: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Asia

The Asian pumps for liquids market was finally on the rise to reach $X in 2022, after two years of decline. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Pumps For Liquids Production in Asia

In value terms, pumps for liquids production reached $X in 2022 estimated in export price. Overall, production enjoyed a resilient expansion. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Pumps For Liquids Exports

Exports in Asia

After five years of growth, shipments abroad of pumps for liquids decreased by X% to X units in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted in the following year.

In value terms, pumps for liquids exports shrank modestly to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

China dominates exports structure, accounting for X units, which was near X% of total exports in 2022. The following exporters - Taiwan (Chinese) (X units) and India (X units) - each amounted to a X% share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pumps for liquids supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by India ($X), with a X% share of total exports.

In China, pumps for liquids exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, surging by X% against the previous year. In general, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced a decline in the export price figures.

Pumps For Liquids Imports

Imports in Asia

After two years of growth, overseas purchases of pumps for liquids decreased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of import peaked at X units in 2021, and then contracted modestly in the following year.

In value terms, pumps for liquids imports contracted slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2021, and then reduced slightly in the following year.

Imports by Country

In 2022, Bangladesh (X units), Iraq (X units), China (X units) and Turkey (X units) represented the largest importer of pumps for liquids in Asia, generating X% of total import. It was distantly followed by India (X units), Iran (X units) and Thailand (X units), together constituting a X% share of total imports. Malaysia (X units), Indonesia (X units), Japan (X units), South Korea (X units), Hong Kong SAR (X units) and Vietnam (X units) held a little share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported pumps for liquids in Asia, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

In China, pumps for liquids imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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