India: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in India

The Indian positive displacement pump market dropped slightly to $X in 2022, remaining stable against the previous year. Overall, the total consumption indicated resilient growth 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 decreased by X% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Positive Displacement Pump Production in India

In value terms, positive displacement pump production declined to $X in 2022 estimated in export price. In general, the total production indicated temperate growth 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Positive Displacement Pump Exports

Exports from India

After three years of growth, overseas shipments of positive displacement pumps and hand pumps decreased by X% to X units in 2022. In general, exports, however, posted notable growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then declined rapidly in the following year.

In value terms, positive displacement pump exports shrank significantly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Nigeria (X units), Cameroon (X units) and Ghana (X units) were the main destinations of positive displacement pump exports from India, with a combined X% share of total exports. Nepal, Kenya, Uganda, Senegal, Malawi, Zambia, Iran and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Senegal (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Ghana ($X), Nigeria ($X) and Malawi ($X) constituted the largest markets for positive displacement pump exported from India worldwide, together comprising X% of total exports. Kenya, Cameroon, Uganda, Zambia, Senegal, Nepal, Iran and the United States lagged somewhat behind, together accounting for a further X%.

Senegal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price, however, showed a noticeable curtailment. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malawi ($X per unit), while the average price for exports to Nepal ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Positive Displacement Pump Imports

Imports into India

In 2022, approx. X units of positive displacement pumps and hand pumps were imported into India; rising by X% on the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, positive displacement pump imports skyrocketed to $X in 2022. Over the period under review, imports recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of positive displacement pump to India, accounting for a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports. The third position in this ranking was held by the United States (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to India, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

In 2022, the average positive displacement pump import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price showed a sharp descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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