Blog - Hydraulic Jacks And Hoists For Raising Vehicles

Worldwide Hydraulic Jacks and Hoists Market: 73M Units and $10.6B Value Forecasted by 2030

May 6, 2024

Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.

Import of Hydraulic Jacks in Australia Decreases to $68 Million by 2023

Apr 11, 2024

From 2022 to 2023, the import growth of Hydraulic Jack remained subdued, with imports contracting to $68M in 2023.

Import of Hydraulic Jacks From South Africa Drops by 12% to $668K in December 2023

Feb 25, 2024

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Hydraulic Jack imports reached a peak of 43K units in November 2023 but significantly declined in the following month. The value of hydraulic jack imports also reduced to $668K in December 2023.

Italy's Export of Hydraulic Jacks Sees Remarkable Growth, Reaching $11M in September 2023

Dec 24, 2023

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In September 2022, the exports of Hydraulic Jack reached their highest point at 42,000 units. Unfortunately, from October 2022 to September 2023, the exports were unable to regain momentum. However, in terms of value, the exports of Hydraulic Jack skyrocketed to $11 million in September 2023.

June 2023 Sees a Minor Decrease in Germany's Hydraulic Jack Export, Amounting to $16M.

Oct 16, 2023

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During the review period, exports of Hydraulic Jack reached a peak of 98K units in March 2023. However, from April 2023 to June 2023, exports struggled to regain momentum. In terms of value, the exports of Hydraulic Jack modestly declined to $16M in June 2023.

Price of Hydraulic Jack in South Africa Drops by 25% to $34.1 per Unit

Aug 25, 2023

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In June 2023, the price of the Hydraulic Jack was $34.1 per unit (CIF, South Africa), experiencing a decrease of -24.6% compared to the previous month.

Thailand's Hydraulic Jack Price Drops Sharply to $36.7 per Unit

Jul 7, 2023

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In May 2023, the hydraulic jack price stood at $36.7 per unit (CIF, Thailand), which is down by -19.7% against the previous month.

Hydraulic Jack Import in United States Falls Slightly to $33M in March 2023

Jun 7, 2023

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In value terms, hydraulic jack imports declined modestly to $33M in March 2023.

China's Hydraulic Jack Price Jumps to $56.2 per Unit

Apr 21, 2023

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In February 2023, the price of a hydraulic jack was $56.2 per unit (FOB, China), showing a 18% increase from the month before.

Hydraulic Jack Price in Brazil Drops Rapidly to $17.3 per Unit

Feb 21, 2023

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In December 2022, the hydraulic jack price stood at $17.3 per unit (CIF, Brazil), falling by -26.2% against the previous month.

France's Hydraulic Jack Price Reduces 2% to $118 per Unit

Dec 15, 2022

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In August 2022, the hydraulic jack price stood at $118 per unit (FOB, France), which is down by -2.2% against the previous month.