Overview of the Market for Air Pump And Gas Compressor in the United Kingdom
In value terms, air pump and gas compressor production declined to $ in 2019 estimated in export prices. Overall, production showed a abrupt curtailment. The pace of growth appeared the most rapid in 2016 when the production volume increased by % y-o-y. Over the period under review, production hit record highs at $ in 2009; however, from 2010 to 2019, production stood at a somewhat lower figure.
The revenue of the market for air or vacuum pumps and air or other gas compressors in the UK rose slightly to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw prominent growth. The most prominent rate of growth was recorded in 2009 when the market value increased by % against the previous year. Air pump and gas compressor consumption peaked in 2019 and is likely to see gradual growth in the near future.