Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia - 2024

Contents:

  1. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (FOB) - 2022
  2. Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (CIF) - 2022
  3. Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia
  4. Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (FOB) - 2022

In 2022, the average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $14 thousand per unit, falling by -2% against the previous year. In general, the export price, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2019 an increase of 89%. Over the period under review, the average export prices attained the maximum at $15 thousand per unit in 2021, and then declined slightly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Denmark ($14 thousand per unit) and Turkey ($14 thousand per unit), while the average price for exports to Russia ($14 thousand per unit) and France ($14 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (CIF) - 2022

The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $29 thousand per unit in 2022, with a decrease of -77.8% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 99% against the previous year. Over the period under review, average import prices hit record highs at $229 thousand per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($29 thousand per unit) and Denmark ($29 thousand per unit), while the price for Austria ($29 thousand per unit) and the UK ($29 thousand per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-6.0%), while the prices for the other major suppliers experienced a decline.

Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia

In 2022, after two years of decline, there was growth in shipments abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses, when their volume increased by 4.8% to 20K units. In general, exports, however, recorded a deep reduction. Over the period under review, the exports of attained the maximum at 32K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses rose to $291M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 5.2%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12813510772.9-17.1%
Hungary14.28.127.960.862.4%
United Kingdom22.626.831.835.416.1%
France4.04.18.125.785.9%
United States14.214.916.122.416.4%
Germany0.50.64.314.4206.5%
Turkey18.725.419.913.3-10.7%
China7.28.613.013.021.8%
Russia34.631.636.98.4-37.6%
Others17.620.118.224.511.7%
Total2612752832913.7%

Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Serbia in 2022:

  1. Netherlands (5.0K units)
  2. Hungary (4.2K units)
  3. United Kingdom (2.4K units)
  4. France (1.8K units)
  5. United States (1.6K units)
  6. Germany (1.0K units)
  7. Turkey (0.9K units)
  8. China (0.9K units)
  9. Russia (0.6K units)

Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia

In 2022, approx. 5.3K units of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses were imported into Serbia; picking up by 341% against 2021 figures. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses fell modestly to $152M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 3.3% against the previous year. As a result, imports attained the peak of $156M, and then dropped modestly in the following year.

Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France65.456.246.638.3-16.3%
Italy14.415.218.221.313.9%
Germany15.918.220.221.210.1%
China11.219.015.820.822.9%
Denmark12.117.622.213.64.0%
Turkey1.01.42.95.778.6%
Sweden1.42.52.03.535.7%
Hungary2.62.22.43.49.4%
United States4.72.22.92.9-14.9%
Others20.116.622.822.03.1%
Total1491511561520.7%

Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Serbia in 2022:

  1. France (1318.0 units)
  2. Italy (732.0 units)
  3. Germany (729.0 units)
  4. China (715.0 units)
  5. Denmark (468.0 units)
  6. Turkey (197.0 units)
  7. Sweden (120.0 units)
  8. Hungary (116.0 units)
  9. United States (99.0 units)

Source: IndexBox Market Intelligence Platform

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