Germany: 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 Germany

In 2021, the German market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -25.7% to $X, falling for the second consecutive year after two years of growth. In general, consumption showed a sharp curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose sharply to $X in 2021 estimated in export price. In general, production saw a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 11%. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports from Germany

In 2021, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Germany totaled X units, growing by 8.3% compared with 2020 figures. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 40% against the previous year. The exports peaked at X units in 2012; however, from 2013 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 reached $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 14% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X units), China (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 Germany, with a combined 40% share of total exports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +28.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United States ($X) and Poland ($X) appeared to be the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Germany worldwide, with a combined 32% share of total exports.

Among the main countries of destination, Poland, with a CAGR of +17.7%, recorded 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 2021, remaining stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 38% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per unit), while the average price for exports to Poland ($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 Switzerland (+5.2%), 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 Germany

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were imported into Germany; picking up by 28% compared with the previous year. Overall, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2018 when imports increased by 29% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2021. In general, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.8% 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 decreased by -13.5% against 2019 indices. The growth pace was the most rapid in 2018 when imports increased by 30% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Bulgaria (X units) constituted the largest supplier of hydraulic pump (gear or vane) and other rotary positive displacement pump to Germany, with a 37% share of total imports. Moreover, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Bulgaria exceeded the figures recorded by the second-largest supplier, Hungary (X units), twofold. The third position in this ranking was held by Italy (X units), with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume from Bulgaria totaled +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+56.3% per year) and Italy (+6.9% per year).

In value terms, Italy ($X), Bulgaria ($X) and the United States ($X) constituted the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Germany, with a combined 43% share of total imports. These countries were followed by Hungary, the Netherlands, Switzerland, the Czech Republic, France, the UK, China, Japan, Romania and India, which together accounted for a further 45%.

Hungary, with a CAGR of +42.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, reducing by -15.2% against the previous year. Overall, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 2.9% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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