EU: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2024

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in the EU

The EU market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2022, remaining stable against the previous year. Over the period under review, consumption continues to indicate a pronounced descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in the EU

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2022 estimated in export price. Overall, production showed a mild descent. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Exports in the EU

For the fourth consecutive year, the European Union recorded growth in shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, which increased by X% to X units in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units) and Bulgaria (X units) represented roughly X% of total exports in 2022. Italy (X units) took the next position in the ranking, distantly followed by France (X units), Romania (X units) and the Czech Republic (X units). All these countries together held near X% share of total exports. Belgium (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Bulgaria (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: Italy (X% per year) and France (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

Imports in the EU

In 2022, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were imported in the European Union; increasing by X% against 2021. Total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Germany was the key importing country with an import of around X units, which reached X% of total imports. Poland (X units) took the second position in the ranking, followed by France (X units), the Czech Republic (X units), Italy (X units) and Romania (X units). All these countries together took approx. X% share of total imports. Slovakia (X units), Belgium (X units), Slovenia (X units), Sweden (X units), the Netherlands (X units) and Spain (X units) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to hydraulic pump (gear or vane) and other rotary positive displacement pump imports into Germany stood at X%. At the same time, Slovenia (X%), Poland (X%), France (X%), Slovakia (X%), the Czech Republic (X%), Belgium (X%), Romania (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, Sweden (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), France (X p.p.), the Czech Republic (X p.p.) and Slovenia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Romania (X p.p.), Spain (X p.p.), Sweden (X p.p.), Germany (X p.p.) and Italy (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported hydraulic pumps (gear or vane) and other rotary positive displacement pumps in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

In Germany, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (X% per year) and Poland (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price showed a noticeable slump. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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