In 2023, Hungary led the global exports of reciprocating positive displacement pumps, accounting for 26.89% of the total market share by kilograms, followed by China at 19.99% and Germany at 15.42%. Key countries like Italy and Japan also contributed with 8.17% and 6.24% respectively. Noteworthy year-on-year growth was seen in countries like Denmark (24.93%) and Belgium (9.12%), whereas declines were evident in nations like South Africa (-37.26%) and Chile (-7.5%). Over the past five years, some non-traditional markets have posted significant growth, such as Senegal (121.06%) and Burkina Faso (30.74%).
Looking ahead, emerging markets with rapid growth such as Senegal and Hungary will continue to shape the competitive landscape. The increasing demand driven by industrial advancements in these regions, coupled with technological innovations in pump manufacturing, will set the stage for dynamic changes in global market shares. Companies should monitor geopolitical shifts and policy changes influencing manufacturing and trade to optimize their export strategies. Environmental regulations and a push towards sustainable practices will also necessitate adaptation within the industry.
Top countries in Export of Reciprocating Positive Displacement Pumps Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 26.89 | 2023 | +5.02% | +6.26% | View data |
| 2 | 2 China | 19.99 | 2023 | +5.76% | +5.39% | View data |
| 3 | 3 Germany | 15.42 | 2023 | +2% | +1.12% | View data |
| 4 | 4 Italy | 8.17 | 2023 | +3.21% | +3.88% | View data |
| 5 | 5 Japan | 6.24 | 2023 | +2.26% | -0.35% | View data |
| 6 | 6 Czech Republic | 2.79 | 2023 | +5.75% | +4.88% | View data |
| 7 | 7 United Kingdom | 2.02 | 2023 | +2.73% | +1.5% | View data |
| 8 | 8 France | 1.93 | 2023 | +4.16% | +2.82% | View data |
| 9 | 9 Belgium | 1.47 | 2023 | +2.78% | +9.12% | View data |
| 10 | 10 Austria | 1.36 | 2023 | +4.62% | +6.09% | View data |
