Overview of the Global Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps

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

The global market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps was finally on the rise to reach $X in 2022, after two years of decline. Over the period under review, consumption recorded a perceptible decline. Global consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X in 2022 estimated in export price. Over the period under review, production recorded a precipitous descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Global production peaked at $X.8B in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports

In 2022, global exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reduced modestly to X units, waning by X% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, China (X units) was the key exporter of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, mixing up X% of total exports. It was distantly followed by Mexico (X units), Germany (X units), Bulgaria (X units) and the United States (X units), together constituting a X% share of total exports. Italy (X units), Canada (X units), France (X units), Japan (X units) and Romania (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps. At the same time, Mexico (X%), Bulgaria (X%), Romania (X%), Italy (X%) and France (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Canada (X%), Germany (X%), Japan (X%) and the United States (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.) and Bulgaria (X p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the United States (X p.p.), Germany (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports. Japan, Italy, Canada, Mexico, France, Bulgaria and Romania lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, rising by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The global export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

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

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

Imports

Global imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps shrank slightly to X units in 2022, leveling off at the previous year. Overall, total imports indicated notable growth 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 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, leveling off in the following year.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps expanded to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the United States (X units), Turkey (X units), Mexico (X units), China (X units), the UK (X units) and Germany (X units) represented the largest importer of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in the world, creating X% of total import. The following importers - Poland (X units), France (X units), Russia (X units), the Czech Republic (X units), Thailand (X units) and Brazil (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump importing markets worldwide were the United States ($X), China ($X) and Mexico ($X), together accounting for X% of global imports. Germany, France, the UK, Russia, Turkey, Poland, Brazil, the Czech Republic and Thailand lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, saw a pronounced decrease. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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