Asia-Pacific: Pump For Liquid Market 2024

Pump For Liquid Market Size in Asia-Pacific

The Asia-Pacific pump for liquid market soared to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption showed a strong increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Pump For Liquid Production in Asia-Pacific

In value terms, pump for liquid production totaled $X in 2022 estimated in export price. Overall, production posted prominent growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Pump For Liquid Exports

Exports in Asia-Pacific

In 2022, after five years of growth, there was decline in shipments abroad of pumps for liquids and liquid elevators, when their volume decreased by X% to X units. Over the period under review, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2021, and then declined slightly in the following year.

In value terms, pump for liquid exports dropped slightly to $X in 2022. The total export 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. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then declined modestly in the following year.

Exports by Country

China prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. India (X units), Thailand (X units), Taiwan (Chinese) (X units) and Japan (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pump for liquid exports from China stood at X%. At the same time, India (X%), Taiwan (Chinese) (X%) and Thailand (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. China (X p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pump for liquid supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Japan ($X), with an X% share of total exports. It was followed by India, with a X% share.

In China, pump for liquid exports 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: Japan (X% per year) and India (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the export price increased by 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 stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Pump For Liquid Imports

Imports in Asia-Pacific

After six years of growth, purchases abroad of pumps for liquids and liquid elevators decreased by X% to X units in 2022. In general, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. The volume of import peaked at X units in 2021, and then reduced modestly in the following year.

In value terms, pump for liquid imports shrank slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X units), distantly followed by Australia (X units), Taiwan (Chinese) (X units), India (X units), Thailand (X units), Malaysia (X units), Japan (X units) and South Korea (X units) represented the main importers of pumps for liquids and liquid elevators, together creating X% of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2022. At the same time, Taiwan (Chinese) (X%), India (X%), Malaysia (X%), Australia (X%), Japan (X%), Thailand (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. Taiwan (Chinese) (X p.p.), India (X p.p.), Australia (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while South Korea, Thailand and China saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported pumps for liquids and liquid elevators in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

In China, pump for liquid 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: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, declining by X% against the previous year. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs 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 South Korea ($X per unit), while Taiwan (Chinese) ($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 import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :