Pakistan: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Pakistan

The Pakistani positive displacement pump market expanded sharply to $X in 2022, growing by X% against the previous year. In general, consumption recorded a prominent expansion. Positive displacement pump consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Positive Displacement Pump Production in Pakistan

In value terms, positive displacement pump production rose significantly to $X in 2022 estimated in export price. In general, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Positive Displacement Pump Exports

Exports from Pakistan

In 2022, overseas shipments of positive displacement pumps and hand pumps decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, positive displacement pump exports reduced remarkably to $X in 2022. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for positive displacement pump exports from Pakistan, with a X% share of total exports. Moreover, positive displacement pump exports to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for positive displacement pumps and hand pumps exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Oman ($X), with a X% share of total exports.

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

Export Prices by Country

The average positive displacement pump export price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Oman amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (X%), while the prices for the other major destinations experienced mixed trend patterns.

Positive Displacement Pump Imports

Imports into Pakistan

Positive displacement pump imports into Pakistan reduced rapidly to X units in 2022, waning by X% on the previous year's figure. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, positive displacement pump imports reduced dramatically to $X in 2022. Overall, imports, however, posted strong growth. 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. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of positive displacement pump to Pakistan, accounting for a X% share of total imports. Moreover, positive displacement pump imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), twofold. Germany (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: Denmark (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Pakistan, comprising X% of total imports. The second position in the ranking was held by Denmark ($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: Denmark (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, with an increase of X% against the previous year. In general, the import price, however, showed a deep setback. The pace of growth was the most pronounced in 2017 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per unit) and Switzerland ($X per unit), while the price for Turkey ($X per unit) and Denmark ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :