Pumps for liquids and liquid elevators market in Italy

Earlier Report Observations

From 2018 to 2021, the market size for pumps for liquids and liquid elevators in Italy decreased from 1 340 million US dollars to 985 million in 2020, followed by a modest recovery to 1 003 million in 2021. This movement coincided with shifts in production, imports, and exports over the period.

In subsequent years, import values remained stable between 1 979 and 2 096 million dollars, while exports grew from 4 838 million in 2021 to 5 134 million in 2023 before a slight dip in 2024. By 2024, market dynamics were influenced by corporate moves such as Ingersoll Rand's acquisitions strengthening its international reach and Sulzer's inauguration of a new testing and assembly plant enhancing production quality. Global trends like increasing urbanization and the need for sustainable water management continued to drive demand for industrial pumps in Italy, particularly in water and wastewater treatment segments.

Production pumps for liquids and liquid elevators in Italy

In value, 2017-2020, M $ US

In 2020, Italy's production of pumps for liquids and liquid elevators was valued at 3 394 million US dollars, showing no significant change from the previous year. Between 2018 and 2020, production decreased by 15.6%, which translates to an average annual decline of 5.5%.

Annual dynamics of production in Italy in value, 2017-2020, M $ US

Exports pumps for liquids and liquid elevators from Italy

Exports in kind, K t

Italy's exports of pumps for liquids and liquid elevators declined for the third consecutive year. In 2020, the country exported 241.4 thousand tonnes, representing a gradual decrease of 4.0% compared to 2019. Over the period from 2017 to 2020, exports fell by 13.4%, with a compound annual growth rate of -4.7%.

Annual dynamics of product's exports from Italy in kind, 2017-2020, K t

From 2017 to 2020, Germany, the United States, and France were the largest buyers of Italy's pumps for liquids and liquid elevators in terms of volume, accounting for 11.6%, 8.3%, and 7.2% of exports, respectively. However, their combined share was only 27.0% of total exports, indicating a diversified export structure.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Italy in kind, 2017-2020

Exports in value, M $ US

Italy's exports of pumps for liquids and liquid elevators declined for the second consecutive year. In 2020, export value reached 4 095 million US dollars, reflecting a measured decrease of 3.6% year-over-year. Over the 2017-2020 period, exports decreased by 3.6%, with a compound annual growth rate of -1.2%. The highest value was recorded in 2018 at 4 513 million US dollars, which saw a 6.2% increase. The largest decline occurred in 2019, with a drop of 5.8%.

Annual dynamics of product's exports from Italy in value, 2017-2020, M $ US

From 2017 to 2020, the country breakdown of Italy's exports in value terms remained scattered. Germany, the United States, and France accounted for 13.1%, 8.8%, and 7.1% of exports, respectively, totaling just 29.0% of total flows, with no single partner emerging as clearly dominant.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Italy in value, 2017-2020

Imports pumps for liquids and liquid elevators to Italy

Imports in kind, K t

Italy's imports of pumps for liquids and liquid elevators declined for the second consecutive year. In 2020, import volume stood at 104.8 thousand tonnes, marking a decline of 5.2% from the previous year. Over the 2017-2020 period, imports decreased by 8.5%, with a compound annual growth rate of -2.9%. The peak volume was recorded in 2018 at 118.6 thousand tonnes, which saw a 3.5% increase. The largest decline occurred in 2019, with a drop of 6.7%.

Annual dynamics of product's imports to Italy in kind, 2017-2020, K t

From 2017 to 2020, the leading sources for Italy's imports of pumps for liquids and liquid elevators in terms of volume were China, Germany, and France, accounting for 31.7%, 21.0%, and 7.8% of imports, respectively. Together, they made up 60.5% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Italy in kind, 2017-2020

Imports in value, M $ US

Italy's imports of pumps for liquids and liquid elevators declined for the second consecutive year. In 2020, the country imported a total of 1 686 million US dollars worth of these products, marking a controlled drop of 4.8% compared to the previous year. The highest value was recorded in 2018 at 1 831 million US dollars, which saw a 9.2% increase.

Annual dynamics of product's imports to Italy in value, 2017-2020, M $ US

Throughout 2017 to 2020, Germany, China, and France remained the key partners for Italy's imports in value terms, accounting for 26.8%, 13.0%, and 11.3% of imports, respectively. Together, they represented 51.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Italy in value, 2017-2020