U.S. - Pumps For Liquids And Liquid Elevators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice of Pump for Liquid in US Drops 2% to $8.9 per Unit
U.S. Pump For Liquid Import Price in May 2023
In May 2023, the pump for liquid price amounted to $8.9 per unit (CIF, US), declining by -1.8% against the previous month. Over the period under review, import price indicated a measured expansion from May 2022 to May 2023: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, pump for liquid import price decreased by -16.5% against February 2023 indices. The pace of growth was the most pronounced in February 2023 when the average import price increased by 37% m-o-m. As a result, import price attained the peak level of $10,633 per thousand units. From March 2023 to May 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was Italy ($26.1 per unit), while the price for Thailand ($935 per thousand units) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Pump For Liquid in U.S. (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| Italy | 16.7 | 48.6 | 14.2 | 16.3 | 24.0 | 24.6 | 9.3 | 16.2 | 54.5 | 16.8 | 48.1 | 31.2 | 26.1 |
| Mexico | 13.0 | 13.1 | 12.9 | 13.0 | 13.8 | 15.0 | 16.2 | 13.1 | 14.1 | 13.3 | 13.2 | 12.1 | 12.4 |
| Taiwan (Chinese) | 5.6 | 10.3 | 12.4 | 7.5 | 9.6 | 10.7 | 9.3 | 17.0 | 9.6 | 12.5 | 9.5 | 6.7 | 11.1 |
| South Korea | 6.4 | 10.3 | 9.0 | 15.8 | 13.9 | 11.4 | 12.4 | 9.6 | 12.4 | 11.2 | 10.6 | 7.4 | 8.7 |
| China | 1.6 | 1.2 | 1.6 | 1.4 | 1.8 | 1.9 | 1.9 | 2.2 | 1.6 | 2.2 | 2.2 | 2.4 | 2.2 |
| Romania | 37.2 | 34.3 | 48.7 | 45.3 | 44.1 | 62.5 | 55.1 | 52.3 | 59.6 | 42.5 | 47.3 | 47.3 | 1.6 |
| Thailand | 1.1 | 1.0 | 1.8 | 0.8 | 1.1 | 1.2 | 1.2 | 2.0 | 1.7 | 5.8 | 1.3 | 1.1 | 0.9 |
| Average | 6.7 | 5.7 | 6.8 | 6.4 | 8.2 | 8.1 | 8.3 | 9.7 | 7.7 | 10.6 | 10.2 | 9.0 | 8.9 |
U.S. Pump For Liquid Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was concrete pumps ($83,495 per unit), while the price for positive displacement pumps and hand pumps ($244 per thousand units) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by concrete pump (+4.2%), while the prices for the other products experienced more modest paces of growth.
U.S. Pump For Liquid Imports
In May 2023, the amount of pumps for liquids and liquid elevators imported into the United States reached 92M units, picking up by 6.6% on the previous month. In general, imports, however, saw a perceptible setback. The growth pace was the most rapid in January 2023 when imports increased by 31% month-to-month. Imports peaked at 131M units in June 2022; however, from July 2022 to May 2023, imports remained at a lower figure.
In value terms, pump for liquid imports totaled $820M (IndexBox estimates) in May 2023. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 with an increase of 11% m-o-m. Over the period under review, imports hit record highs in May 2023.
U.S. Pump For Liquid Imports by Type
In May 2023, positive displacement pumps and hand pumps (77M units) constituted the largest type of pump for liquid supplied to the United States, with a 83% share of total imports. Moreover, positive displacement pumps and hand pumps exceeded the figures recorded for the second-largest type, fuel, lubricating or cooling-medium pumps for internal combustion engines (5.2M units), more than tenfold. The third position in this ranking was taken by pumps for liquids (3.9M units), with a 4.2% share.
From May 2022 to May 2023, the average monthly growth rate of the volume of import of positive displacement pumps and hand pumps totaled -2.7%. With regard to the other supplied products, the following average monthly rates of growth were recorded: fuel, lubricating or cooling-medium pumps for internal combustion engines (-2.0% per month) and pumps for liquids (-1.3% per month).
In value terms, fuel, lubricating or cooling-medium pumps for internal combustion engines ($252M), hydraulic pumps (axial and radial piston) and other reciprocating positive displacement pumps ($160M) and pumps for liquids ($160M) appeared to be the most imported types of pumps for liquids and liquid elevators in the United States, with a combined 70% share of total imports. Hydraulic pumps (gear or vane) and other rotary positive displacement pumps , pumps and liquid elevators; n.e.s. in heading no. 8413, pumps for dispensing liquids, positive displacement pumps and hand pumps, concrete pumps, petrol and oil dispensing pumps and liquid elevators lagged somewhat behind, together accounting for a further 30%.
U.S. Pump For Liquid Imports by Country
In May 2023, China (50M units) constituted the largest pump for liquid supplier to the United States, with a 54% share of total imports. Moreover, pump for liquid imports from China exceeded the figures recorded by the second-largest supplier, Mexico (17M units), threefold. Thailand (11M units) ranked third in terms of total imports with a 12% share.
From May 2022 to May 2023, the average monthly growth rate of volume from China amounted to -3.2%. The remaining supplying countries recorded the following average monthly rates of imports growth: Mexico (+0.9% per month) and Thailand (-1.6% per month).
In value terms, the largest pump for liquid suppliers to the United States were Mexico ($207M), China ($108M) and Italy ($40M), together accounting for 43% of total imports. These countries were followed by South Korea, Taiwan (Chinese), Thailand and Romania, which together accounted for a further 7.5%.
Romania, with a CAGR of +3.2%, recorded the highest rates of growth with regard to 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.
This report provides an in-depth analysis of the pump for liquid market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28121320 - Hydraulic pumps (radial piston)
- Prodcom 28121350 - Hydraulic pumps (gear)
- Prodcom 28121380 - Hydraulic pumps (vane)
- Prodcom 28121530 - Hydraulic pumps (axial piston)
- Prodcom 28121580 - Hydraulic pumps (excluding axial, radial, gear, vane)
- Prodcom 28131105 - Petrol and oil dispensing pumps, unit
- Prodcom 28131125 - Pumps for dispensing liquids, fitted or designed to be fitted with a measuring device (excluding for fuel or lubricants)
- Prodcom 28131145 - Positive displacement pumps, hand pumps
- Prodcom 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines
- Prodcom 28131185 - Concrete pumps
- Prodcom 28131220 - Positive displacement reciprocating pumps, dosing and proportioning
- Prodcom 28131250 - In-line reciprocating piston pumps
- Prodcom 28131280 - Positive displacement reciprocating pumps, diaphragm
- Prodcom 28131320 - Positive displacement pumps, rotary, gear
- Prodcom 28131340 - Positive displacement pumps, rotary, vane
- Prodcom 28131360 - Positive displacement pumps, rotary, screw
- Prodcom 28131380 - Positive displacement pumps, rotary (including peristaltic, r otary lobe and helical rotor pumps) (excluding hydraulic units, gear pumps, vane pumps, screw pumps)
- Prodcom 28131413 - Submersible motor, single-stage rotodynamic drainage and sewage pumps
- Prodcom 28131415 - Submersible motor, multi-stage rotodynamic pumps
- Prodcom 28131417 - Glandless impeller pumps for heating systems and warm water supply
- Prodcom 28131420 - Rotodynamic pumps . .15 mm discharge
- Prodcom 28131430 - Centrifugal pumps with a discharge outlet diameter > .15 mm, c hannel impeller pumps, side channel pumps, peripheral pumps and regenerative pumps
- Prodcom 28131451 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with a single entry impeller, close coupled
- Prodcom 28131453 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle stage with a single entry impeller, long coupled
- Prodcom 28131455 - Centrifugal pumps with a discharge outlet diameter > .15 mm, s ingle-stage with double entry impeller
- Prodcom 28131460 - Centrifugal pumps with a discharge outlet diameter > .15 mm, m ulti-stage (including self-priming)
- Prodcom 28131471 - Rotodynamic single-stage mixed flow or axial pumps
- Prodcom 28131475 - Rotodynamic multi-stage mixed flow or axial pumps
- Prodcom 28131480 - Other liquid pumps, liquid elevators
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
