Canada: Pump For Liquid Market 2024

Pump For Liquid Market Size in Canada

The Canadian pump for liquid market soared to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a strong increase 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, consumption increased by X% against 2015 indices. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Pump For Liquid Production in Canada

In value terms, pump for liquid production dropped sharply to $X in 2022 estimated in export price. In general, production continues to indicate a dramatic decline. The pace of growth appeared the most rapid in 2019 with a decrease of X% against the previous year. Pump for liquid production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

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Pump For Liquid Exports

Exports from Canada

In 2022, shipments abroad of pumps for liquids and liquid elevators was finally on the rise to reach X units after five years of decline. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, pump for liquid exports expanded notably to $X in 2022. Over the period under review, exports, however, recorded a slight setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for pump for liquid exports from Canada, accounting for a X% share of total exports. Moreover, pump for liquid exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), threefold. The third position in this ranking was held by Switzerland (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Switzerland (X% per year).

In value terms, the United States ($X) remains the key foreign market for pumps for liquids and liquid elevators exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Germany (X% per year).

Export Prices by Country

The average pump for liquid export price stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Switzerland ($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 Mexico (X%), while the prices for the other major destinations experienced mixed trend patterns.

Pump For Liquid Imports

Imports into Canada

In 2022, approx. X units of pumps for liquids and liquid elevators were imported into Canada; with an increase of X% on 2021. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pump for liquid imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a mild decrease. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest pump for liquid supplier to Canada, 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), fivefold. Mexico (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the United States ($X) constituted the largest supplier of pumps for liquids and liquid elevators to Canada, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Mexico, with an X% share.

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

Import Prices by Country

In 2022, the average pump for liquid import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price faced a deep slump. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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