Southern Asia: Pumps For Liquids Market 2024

Pumps For Liquids Market Size in Southern Asia

The South Asian pumps for liquids market rose modestly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Pumps For Liquids Production in Southern Asia

In value terms, pumps for liquids production rose slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Pumps For Liquids Exports

Exports in Southern Asia

In 2022, exports of pumps for liquids in Southern Asia reduced to X units, approximately reflecting the previous year's figure. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2021, and then shrank in the following year.

In value terms, pumps for liquids exports contracted to $X in 2022. Total exports indicated strong 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, exports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by X%. The level of export peaked at $X in 2021, and then shrank in the following year.

Exports by Country

The biggest shipments were from India (X units), together recording X% of total export.

India was also the fastest-growing in terms of the pumps for liquids exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest pumps for liquids supplier in Southern Asia.

In India, pumps for liquids exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Pumps For Liquids Imports

Imports in Southern Asia

In 2022, the amount of pumps for liquids imported in Southern Asia contracted to X units, shrinking by X% compared with the year before. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The volume of import peaked at X units in 2021, and then contracted in the following year.

In value terms, pumps for liquids imports dropped to $X in 2022. Overall, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Bangladesh was the key importing country with an import of around X units, which resulted at X% of total imports. It was distantly followed by India (X units), constituting a X% share of total imports. The following importers - Afghanistan (X units) and Nepal (X units) - each accounted for a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pumps for liquids imports into Bangladesh stood at X%. At the same time, Nepal (X%), Afghanistan (X%) and India (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Bangladesh (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of India (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pumps for liquids importing markets in Southern Asia were India ($X), Bangladesh ($X) and Nepal ($X), together accounting for X% of total imports.

Nepal, with a CAGR of X%, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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