Pakistan: Pump For Liquid Market 2024

Pump For Liquid Market Size in Pakistan

In 2022, the Pakistani pump for liquid market decreased by X% to $X, falling for the third year in a row after two years of growth. In general, consumption recorded a mild descent. Pump for liquid consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Pump For Liquid Exports

Exports from Pakistan

For the third consecutive year, Pakistan recorded growth in shipments abroad of pumps for liquids and liquid elevators, which increased by X% to X units in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pump for liquid exports surged to $X in 2022. Overall, exports posted a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units) was the main destination for pump for liquid exports from Pakistan, accounting for a X% share of total exports. Moreover, pump for liquid exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. Guyana (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Guyana (X% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for pumps for liquids and liquid elevators exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Turkey ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average pump for liquid export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Germany ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pump For Liquid Imports

Imports into Pakistan

In 2022, purchases abroad of pumps for liquids and liquid elevators decreased by X% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pump for liquid imports fell markedly to $X in 2022. Overall, imports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Brazil (X units) constituted the largest supplier of pump for liquid to Pakistan, accounting for a X% share of total imports. Moreover, pump for liquid imports from Brazil exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Japan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Brazil totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, the largest pump for liquid suppliers to Pakistan were China ($X), Brazil ($X) and Japan ($X), with a combined X% share of total imports. The United States, the United Arab Emirates, Germany, Turkey and Thailand lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pump for liquid import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per unit in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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