South Africa: Pump For Liquid Market 2024

Pump For Liquid Market Size in South Africa

In 2022, the South African pump for liquid market increased by X% to $X, rising for the second consecutive year after two years of decline. 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 in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Pump For Liquid Exports

Exports from South Africa

In 2022, approx. X units of pumps for liquids and liquid elevators were exported from South Africa; therefore, remained relatively stable against the previous year. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, pump for liquid exports rose rapidly to $X in 2022. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X units), Botswana (X units) and Zambia (X units) were the main destinations of pump for liquid exports from South Africa, with a combined X% share of total exports. Mozambique, Democratic Republic of the Congo, Zimbabwe, Swaziland, Lesotho, the United States, Sierra Leone, Angola, Taiwan (Chinese) and Ghana lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Democratic Republic of the Congo ($X), Zambia ($X) and Namibia ($X) constituted the largest markets for pump for liquid exported from South Africa worldwide, with a combined X% share of total exports. Zimbabwe, Botswana, Mozambique, Angola, Swaziland, Ghana, the United States, Lesotho, Sierra Leone and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pump for liquid export price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into South Africa

In 2022, pump for liquid imports into South Africa rose markedly to X units, picking up by X% on 2021. In general, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, pump for liquid imports soared 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 indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest pump for liquid supplier to South Africa, with a X% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), ninefold. The third position in this ranking was taken by Romania (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Romania (X% per year).

In value terms, the largest pump for liquid suppliers to South Africa were China ($X), the United States ($X) and Germany ($X), together comprising X% of total imports. Italy, Japan, India, the Czech Republic, Thailand, Brazil and Romania lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pump for liquid import price amounted to $X per unit, increasing by X% against the previous year. In general, the import price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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