Czech Republic: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2022

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

The Czech market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021, jumping by 59% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible slump. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose remarkably to $X in 2021 estimated in export price. Overall, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 98% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a lower figure.

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

Exports from the Czech Republic

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were exported from the Czech Republic; increasing by 8.9% on the previous year. Over the period under review, exports saw a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 53%. Over the period under review, the exports of hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021. In general, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by 33% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Germany (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from the Czech Republic, accounting for a 30% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Germany exceeded the volume sent to the second major destination, the UK (X units), twofold. Spain (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+44.3% per year) and Spain (+90.2% per year).

In value terms, Germany ($X) remains the key foreign market for hydraulic pump (gear or vane) and other rotary positive displacement pump exports from the Czech Republic, comprising 31% of total exports. The second position in the ranking was taken by the UK ($X), with an 11% share of total exports. It was followed by the United States, with a 7.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+30.1% per year) and the United States (+8.6% per year).

Export Prices by Country

The average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, picking up by 12% against the previous year. In general, the export price, however, saw a deep slump. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into the Czech Republic

In 2021, supplies from abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 20% to X units, rising for the fourth year in a row after three years of decline. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.5% against 2017 indices. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021. In general, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +86.7% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), Germany (X units) and Thailand (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to the Czech Republic, together accounting for 59% of total imports. These countries were followed by China, Japan, Austria, the UK, Italy, Poland and Canada, which together accounted for a further 36%.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of +70.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Austria ($X) appeared to be the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to the Czech Republic, with a combined 61% share of total imports. The UK, Italy, Thailand, China, Japan, Poland and Canada lagged somewhat behind, together comprising a further 27%.

Among the main suppliers, Canada, with a CAGR of +35.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, rising by 11% against the previous year. In general, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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