Armenia: Pump For Liquid Market 2020

Pump For Liquid Market Size in Armenia

The revenue of the pump for liquid market in Armenia amounted to $X in 2018, growing by X% against the previous year. Overall, pump for liquid consumption continues to indicate resilient growth. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Armenia pump for liquid consumption peaked in 2018 and is expected to retain its growth in the near future.

Pump For Liquid Production in Armenia

In value terms, pump for liquid production stood at $X in 2018 estimated in export prices. Overall, pump for liquid production continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Armenia pump for liquid production peaked at $X in 2014; however, from 2015 to 2018, production remained at a lower figure.

Pump For Liquid Exports

Exports from Armenia

In 2018, the exports of pumps for liquids and liquid elevators from Armenia stood at X units, going up by X% against the previous year. Over the period under review, pump for liquid exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. In that year, pump for liquid exports reached their peak of X units. From 2009 to 2018, the growth of pump for liquid exports remained at a lower figure.

In value terms, pump for liquid exports stood at $X in 2018. Overall, the total exports indicated a tangible expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pump for liquid exports increased by +X% against 2013 indices. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, pump for liquid exports reached their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

In 2018, China (X units) was the major exporter of pumps for liquids and liquid elevators, achieving X% of total exports. Mexico (X units) ranks second in terms of the total exports with a X% share, followed by Germany (X%). Italy (X units), South Korea (X units), the UK (X units) and the Czech Republic (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the pumps for liquids and liquid elevators exports, with a CAGR of +X% from 2007 to 2018. At the same time, South Korea (+X%), the Czech Republic (+X%), the UK (+X%), Mexico (+X%), Italy (+X%) and Germany (+X%) displayed positive paces of growth. China (+X p.p.) and Mexico (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and Italy ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports.

China experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The pump for liquid export price in Armenia stood at $X per unit in 2018, declining by -X% against the previous year. In general, the pump for liquid export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Armenia export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Czech Republic ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the export price figures.

Pump For Liquid Imports

Imports into Armenia

Pump for liquid imports into Armenia amounted to X units in 2018, picking up by X% against the previous year. In general, pump for liquid imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, pump for liquid imports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, pump for liquid imports amounted to $X in 2018. Overall, pump for liquid imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Armenia imports peaked at $X in 2010; afterwards, it flattened through to 2018.

Imports by Country

The U.S. was the main importer of pumps for liquids and liquid elevators in the world, with the volume of imports recording X units, which was approx. X% of total imports in 2018. Germany (X units) held the second position in the ranking, followed by the UK (X units). All these countries together occupied approx. X% share of total imports. Canada (X units), Russia (X units), Hungary (X units), Mexico (X units), Italy (X units), Poland (X units), the Czech Republic (X units) and Greece (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to pump for liquid imports into the U.S. stood at +X%. At the same time, Hungary (+X%), Greece (+X%), Russia (+X%), Germany (+X%), the Czech Republic (+X%), the UK (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Poland experienced a relatively flat trend pattern. By contrast, Mexico (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.), the UK (+X p.p.), Hungary (+X p.p.), Russia (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pumps for liquids and liquid elevators into Armenia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Canada (+X% per year).

Import Prices by Country

The pump for liquid import price in Armenia stood at $X per unit in 2018, rising by X% against the previous year. In general, the pump for liquid import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. In that year, the import prices for pumps for liquids and liquid elevators reached their peak level of $X per unit. From 2010 to 2018, the growth in terms of the import prices for pumps for liquids and liquid elevators remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Mexico ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform