Middle East: Liquid Dispensing Pump Market 2024

Liquid Dispensing Pump Market Size in the Middle East

In 2022, the Middle Eastern liquid dispensing pump market decreased by X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a slight decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Liquid Dispensing Pump Production in the Middle East

In value terms, liquid dispensing pump production declined markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Liquid Dispensing Pump Exports

Exports in the Middle East

In 2022, overseas shipments of pumps for dispensing liquids increased by X% to X units, rising for the fourth year in a row after five years of decline. In general, exports, however, showed a noticeable curtailment. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, liquid dispensing pump exports soared to $X in 2022. Overall, exports saw prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units) and the United Arab Emirates (X units) dominates exports structure, together constituting X% of total exports. It was distantly followed by Israel (X units), constituting a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the United Arab Emirates ($X) remains the largest liquid dispensing pump supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports.

In the United Arab Emirates, liquid dispensing pump exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price posted a significant increase. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Liquid Dispensing Pump Imports

Imports in the Middle East

For the fourth year in a row, the Middle East recorded growth in supplies from abroad of pumps for dispensing liquids, which increased by X% to X units in 2022. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, liquid dispensing pump imports reduced modestly to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Saudi Arabia dominates imports structure, finishing at X units, which was near X% of total imports in 2022. It was distantly followed by the United Arab Emirates (X units) and Kuwait (X units), together mixing up a X% share of total imports. The following importers - Turkey (X units), Oman (X units), Iraq (X units) and Iran (X units) - together made up X% of total imports.

Saudi Arabia was also the fastest-growing in terms of the pumps for dispensing liquids imports, with a CAGR of X% from 2012 to 2022. At the same time, Kuwait (X%), Iraq (X%), Oman (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Iran experienced a relatively flat trend pattern. By contrast, Turkey (X%) illustrated a downward trend over the same period. Saudi Arabia (X p.p.) and Kuwait (X p.p.) significantly strengthened its position in terms of the total imports, while Iraq, Oman, Iran, the United Arab Emirates and Turkey saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported pumps for dispensing liquids in the Middle East, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by Oman, with a X% share.

In Saudi Arabia, liquid dispensing pump imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Oman (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, 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 Iran ($X per unit), while Kuwait ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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