Southern Asia: Pump For Liquid Market 2024

Pump For Liquid Market Size in Southern Asia

In 2022, the South Asian pump for liquid market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Overall, consumption continues to indicate a pronounced curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pump For Liquid Production in Southern Asia

In value terms, pump for liquid production reduced modestly to $X in 2022 estimated in export price. In general, production recorded a deep setback. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pump For Liquid Exports

Exports in Southern Asia

In 2022, the amount of pumps for liquids and liquid elevators exported in Southern Asia rose remarkably to X units, surging by X% compared with 2021 figures. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, pump for liquid exports contracted modestly to $X in 2022. Total exports indicated a strong 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 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

In 2022, India (X units) represented the main exporter of pumps for liquids and liquid elevators in Southern Asia, mixing up X% of total export.

India was also the fastest-growing in terms of the pumps for liquids and liquid elevators 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 pump for liquid supplier in Southern Asia.

In India, pump for liquid exports increased 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, with a decrease of X% against the previous year. In general, 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 remained at a lower figure.

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.

Pump For Liquid Imports

Imports in Southern Asia

After six years of growth, supplies from abroad of pumps for liquids and liquid elevators decreased by X% to X units in 2022. Overall, imports, however, recorded a strong increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then dropped modestly in the following year.

In value terms, pump for liquid imports shrank modestly to $X in 2022. Total imports indicated a pronounced 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then reduced slightly in the following year.

Imports by Country

India was the key importer of pumps for liquids and liquid elevators in Southern Asia, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. It was distantly followed by Bangladesh (X units), creating a X% share of total imports. The following importers - Sri Lanka (X units), Pakistan (X units) and Nepal (X units) - each finished at a X% share of total imports.

Imports into India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%), Nepal (X%) and Sri Lanka (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Pakistan (X%) illustrated a downward trend over the same period. While the share of Bangladesh (X p.p.) and India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.) and Pakistan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pumps for liquids and liquid elevators in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

In India, pump for liquid imports 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: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, which is down by X% against the previous year. Overall, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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