Tunisia: Hydraulic Automatic Regulators Market 2024

Hydraulic Automatic Regulators Market Size in Tunisia

In 2022, after three years of decline, there was significant decline in the Tunisian hydraulic automatic regulators market, when its value decreased by X% to $X. In general, consumption continues to indicate a perceptible reduction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Hydraulic Automatic Regulators Production in Tunisia

In value terms, hydraulic automatic regulators production fell markedly to $X in 2022 estimated in export price. Overall, production saw a sharp decrease. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Hydraulic Automatic Regulators Exports

Exports from Tunisia

In 2022, shipments abroad of hydraulic or pneumatic automatic regulating instruments increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydraulic automatic regulators exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Libya (X units) was the main destination for hydraulic automatic regulators exports from Tunisia, with a X% share of total exports. Moreover, hydraulic automatic regulators exports to Libya exceeded the volume sent to the second major destination, Mali (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and the UK (X% per year).

In value terms, Libya ($X) remains the key foreign market for hydraulic or pneumatic automatic regulating instruments exports from Tunisia, comprising X% of total exports. The second position in the ranking was taken by Mali ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Libya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average hydraulic automatic regulators export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price enjoyed a measured increase. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per unit), while the average price for exports to the UK ($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 Libya (X%), while the prices for the other major destinations experienced a decline.

Hydraulic Automatic Regulators Imports

Imports into Tunisia

In 2022, purchases abroad of hydraulic or pneumatic automatic regulating instruments decreased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, hydraulic automatic regulators imports surged to $X in 2022. Over the period under review, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and France (X units) were the main suppliers of hydraulic automatic regulators imports to Tunisia, together comprising X% of total imports.

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

In value terms, Germany ($X), India ($X) and France ($X) were the largest hydraulic automatic regulators suppliers to Tunisia, with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, 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 hydraulic automatic regulators import price stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, showed a deep setback. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :