Key Market Indicators
Chinese exports of pumps are expected to reach 774 million kg by 2026, up from 602 million kg in 2021. This is an average growth rate of 4.1% year-on-year, a 33.6% increase since 2005. The Netherlands, Germany and the United States are the top three ranked nations. Meanwhile, Chinese imports of pumps are forecast to decrease from 29.7 million kg in 2021 to 26.6 million kg by 2026, with an average annual decrease of 1.8%. This is a 9.1% drop since 2005. Thailand is the top ranked nation, followed by the US, Russia and South Africa.
