Denmark: 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 Denmark

In 2022, the Danish market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by X% to $X, falling for the second consecutive year after four years of growth. Over the period under review, consumption saw a noticeable setback. Consumption of 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 Denmark

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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

Exports from Denmark

After two years of growth, overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by X% to X units in 2022. In general, exports, however, saw buoyant growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports of attained the maximum at X units in 2021, and then dropped significantly in the following year.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Germany (X units) and the United States (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Denmark, with a combined X% share of total exports. Hungary, Italy, the UK, Brazil, the Netherlands, Sweden, Spain, Slovakia, Poland and Finland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Denmark were the United States ($X), Norway ($X) and Germany ($X), with a combined X% share of total exports. Brazil, the Netherlands, Hungary, the UK, Italy, Spain, Poland, Sweden, Slovakia and Finland lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 2022, rising by X% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Denmark

In 2022, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were imported into Denmark; which is down by X% on 2021 figures. In general, total imports indicated a noticeable increase 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 2019 with an increase of X%. Imports peaked at X units in 2021, and then reduced 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. Over the period under review, imports, however, recorded strong growth. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Italy (X units) and China (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Denmark, together comprising X% of total imports. Belgium, Slovakia, the Netherlands, the UK, the United States, Japan, Taiwan (Chinese), Sweden, Turkey and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Denmark, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and the UK (X% per year).

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, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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