| Product Code: ETC4941038 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of North Macedonia`s pump import market continues to thrive in 2024, with top exporters being Germany, Italy, China, Turkey, and the UK. The market shows a healthy level of competition, as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 13.07%, with a notable growth spurt of 19.79% from 2023 to 2024. These trends suggest a robust and dynamic market environment for pump imports in North Macedonia.

By 2027, North Macedonia's Pumps market is forecasted to achieve a growing growth rate of 6.39%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Pumps Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Pumps Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Pumps Market - Industry Life Cycle |
3.4 Republic of Macedonia Pumps Market - Porter's Five Forces |
3.5 Republic of Macedonia Pumps Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Republic of Macedonia Pumps Market Revenues & Volume Share, By Position, 2021 & 2031F |
3.7 Republic of Macedonia Pumps Market Revenues & Volume Share, By Driving Force, 2021 & 2031F |
3.8 Republic of Macedonia Pumps Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.9 Republic of Macedonia Pumps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Pumps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Republic of Macedonia Pumps Market Trends |
6 Republic of Macedonia Pumps Market Segmentations |
6.1 Republic of Macedonia Pumps Market, By Product |
6.1.1 Overview and Analysis | 6.1.3 Republic of Macedonia Pumps Market Revenues & Volume, By Portable, 2021-2031F |
6.1.3 Republic of Macedonia Pumps Market Revenues & Volume, By Stationary, 2021-2031F |
6.2 Republic of Macedonia Pumps Market, By Position |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Pumps Market Revenues & Volume, By Submersible, 2021-2031F |
6.2.3 Republic of Macedonia Pumps Market Revenues & Volume, By Non-submersible, 2021-2031F |
6.3 Republic of Macedonia Pumps Market, By Driving Force |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Pumps Market Revenues & Volume, By Engine Driven, 2021-2031F |
6.3.3 Republic of Macedonia Pumps Market Revenues & Volume, By Electrical Driven, 2021-2031F |
6.4 Republic of Macedonia Pumps Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Pumps Market Revenues & Volume, By Centrifugal Pumps, 2021-2031F |
6.4.3 Republic of Macedonia Pumps Market Revenues & Volume, By Diaphragm Pumps, 2021-2031F |
6.5 Republic of Macedonia Pumps Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Republic of Macedonia Pumps Market Revenues & Volume, By Mining, 2021-2031F |
6.5.3 Republic of Macedonia Pumps Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.5.4 Republic of Macedonia Pumps Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.5 Republic of Macedonia Pumps Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.6 Republic of Macedonia Pumps Market Revenues & Volume, By Municipal, 2021-2031F |
7 Republic of Macedonia Pumps Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Pumps Market Export to Major Countries |
7.2 Republic of Macedonia Pumps Market Imports from Major Countries |
8 Republic of Macedonia Pumps Market Key Performance Indicators |
9 Republic of Macedonia Pumps Market - Opportunity Assessment |
9.1 Republic of Macedonia Pumps Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Republic of Macedonia Pumps Market Opportunity Assessment, By Position, 2021 & 2031F |
9.3 Republic of Macedonia Pumps Market Opportunity Assessment, By Driving Force, 2021 & 2031F |
9.4 Republic of Macedonia Pumps Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.5 Republic of Macedonia Pumps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Pumps Market - Competitive Landscape |
10.1 Republic of Macedonia Pumps Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Pumps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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