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Hydraulic Jack Market

Hydraulic jack market: download the latest info provided by an Ai-driven market intelligence platform. Facts and figures include imports, market size, market prices, exports, companies, trade, production, and consumption. There is a breakdown by region, including the U.K., Latin America, the U.S., the Middle East, EU, China, Africa, and Russia. Market insights and outlook to 2030 are also provided in the snapshots.

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Hydraulic Jack - World's Largest Markets

Rating	Country
1	China
2	India
3	United States
4	Japan
5	France

In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

From 2018 to 2020, the average annual growth rate of value in China stood at -1.8%. The remaining consuming countries recorded the following average annual rates of market growth: India (+0.4% per year) and the United States (-2.9% per year).

Hydraulic Jack Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
United Arab Emirates	154	133	44	-46.4%
Taiwan (Chinese)	22	36	50	49.4%
Poland	75	106	67	-5.4%
Netherlands	86	82	80	-4.0%
Spain	141	109	104	-14.2%
France	142	119	155	4.3%
China	309	185	176	-24.5%
Italy	294	278	242	-9.3%
Germany	434	308	292	-18.0%
Average	231	178	167	-15.0%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Germany ($292 per unit), while the United Arab Emirates ($44 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other global leaders experienced mixed trends in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per unit			CAGR, 2018-2020
Australia	112	107	161	19.7%
France	106	86	135	12.8%
Canada	112	102	86	-12.0%
Netherlands	72	68	71	-1.2%
United Kingdom	77	71	70	-4.7%
United States	55	57	57	1.4%
Germany	58	48	51	-6.6%
Russia	45	42	48	3.3%
Mexico	41	41	42	1.3%
Thailand	39	27	26	-19.0%
Brazil	13	15	14	3.3%
El Salvador	0.6	0.3	0.3	-24.0%
Paraguay	0.05	0.07	0.1	53.0%
Average	29	39	48	29.4%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Australia ($161 per unit), while Paraguay ($0.1 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Paraguay (+53.0% per year), while the other global leaders experienced more modest paces of growth.

Hydraulic Jack - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.4	0.4	0.4	-3.2%
France	0.07	0.07	0.1	35.6%
Australia	0.04	0.04	0.08	37.9%
Germany	0.09	0.09	0.08	-4.6%
Canada	0.08	0.07	0.07	-5.4%

In value terms, the United States ($377M) constitutes the largest market for imported hydraulic jacks and hoists for raising vehicles worldwide, comprising 24% of global imports. The second position in the ranking was occupied by France ($135M), with a 8.5% share of global imports. It was followed by Australia, with a 5.2% share.

In the United States, hydraulic jack imports plunged by an average annual rate of -3.2% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: France (+35.6% per year) and Australia (+37.9% per year).

Hydraulic Jack - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	1	0.9	1	-0.3%
France	0.05	0.05	0.2	79.4%
Germany	0.1	0.1	0.1	-8.0%
Netherlands	0.1	0.1	0.1	-14.4%
Italy	0.1	0.1	0.09	-15.8%

In value terms, China ($974M) remains the largest hydraulic jack supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by France ($174M), with a 9.6% share of global exports. It was followed by Germany, with a 6.3% share.

From 2018 to 2020, the average annual growth rate of value in China was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: France (+79.4% per year) and Germany (-8.0% per year).

Hydraulic Jack - Market Forecast

Driven by rising demand for hydraulic jack worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.