CIS: Pump For Liquid Market 2024

Pump For Liquid Market Size in CIS

In 2022, the CIS pump for liquid market increased by X% to $X, rising for the sixth year in a row after two years of decline. Overall, consumption enjoyed a resilient expansion. The level of consumption peaked in 2022 and is likely to see steady growth in years to come.

Pump For Liquid Production in CIS

In value terms, pump for liquid production declined to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Pump For Liquid Exports

Exports in CIS

In 2022, shipments abroad of pumps for liquids and liquid elevators decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports, however, showed temperate growth. 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 somewhat lower figure.

In value terms, pump for liquid exports contracted significantly to $X in 2022. In general, exports saw a perceptible decrease. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus represented the major exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Russia (X units), making up a X% share of total exports. Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pump for liquid exports from Belarus stood at X%. At the same time, Kazakhstan (X%) and Russia (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest pump for liquid supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Belarus ($X), with a X% share of total exports.

In Russia, pump for liquid exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, saw a deep slump. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. The level of export peaked 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 origin: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Belarus ($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.

Pump For Liquid Imports

Imports in CIS

Pump for liquid imports expanded significantly to X units in 2022, picking up by X% compared with the previous year's figure. Over the period under review, imports posted buoyant growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, pump for liquid imports declined rapidly to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

Russia prevails in imports structure, reaching X units, which was near X% of total imports in 2022. The following importers - Uzbekistan (X units) and Kazakhstan (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to pump for liquid imports into Russia stood at X%. At the same time, Uzbekistan (X%) and Kazakhstan (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. While the share of Uzbekistan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported pumps for liquids and liquid elevators in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the 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 Kazakhstan ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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