CIS: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in CIS

The CIS positive displacement pump market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption recorded a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Positive Displacement Pump Production in CIS

In value terms, positive displacement pump production expanded rapidly to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Positive Displacement Pump Exports

Exports in CIS

In 2022, shipments abroad of positive displacement pumps and hand pumps decreased by X% to X units, falling for the second consecutive year after three years of growth. Overall, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, positive displacement pump exports plummeted to $X in 2022. In general, exports showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Russia (X units) represented the largest exporter of positive displacement pumps and hand pumps, making up X% of total exports. Uzbekistan (X units) ranks second in terms of the total exports with a X% share, followed by Belarus (X%). Armenia (X units) held a minor share of total exports.

Exports from Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.) and Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest positive displacement pump supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Armenia (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, showed a deep reduction. 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 failed to regain momentum.

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 Belarus ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

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

Positive Displacement Pump Imports

Imports in CIS

In 2022, the amount of positive displacement pumps and hand pumps imported in the CIS soared to X units, growing by X% on the previous year's figure. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, positive displacement pump imports dropped to $X in 2022. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Russia dominates imports structure, amounting to X units, which was approx. X% of total imports in 2022. Uzbekistan (X units) held a little share of total imports.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Russia ($X) constitutes the largest market for imported positive displacement pumps and hand pumps in the CIS, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled X%.

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the import price increased by X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

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