Benelux: 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 Benelux

The Benelux market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose notably to $X in 2022, with an increase of X% against the previous year. Overall, consumption recorded a pronounced expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced slump. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in Benelux

After two years of growth, shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased 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 in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then declined in the following year.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined slightly to $X in 2022. Total exports indicated noticeable growth from 2012 to 2022: its value 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, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Belgium represented the key exporter of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Benelux, with the volume of exports finishing at X units, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X units), comprising a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main exporting countries, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood 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 the Netherlands ($X per unit), while Belgium totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

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

Imports in Benelux

Imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps expanded notably to X units in 2022, picking up by X% compared with 2021. Total imports indicated a noticeable expansion 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 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined to $X in 2022. Total imports indicated a moderate expansion from 2012 to 2022: its value 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 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Belgium (X units) and the Netherlands (X units) was the key importer of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Benelux, comprising X% of total import.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a 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 Belgium totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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