Ukraine: 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 Ukraine

The Ukrainian market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021, jumping by 30% against the previous year. Over the period under review, consumption saw a strong expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of 23% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Ukraine

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were exported from Ukraine; which is down by -4.4% on the previous year. Over the period under review, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 8.9% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps expanded significantly to $X in 2021. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 when exports increased by 26%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X units), Belarus (X units) and Uzbekistan (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Ukraine, together comprising 67% of total exports. Kazakhstan, Poland, Pakistan, Azerbaijan, Lithuania, Vietnam and Hong Kong SAR lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were in Hong Kong SAR (with a CAGR of +109.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for hydraulic pump (gear or vane) and other rotary positive displacement pump exports from Ukraine, comprising 48% of total exports. The second position in the ranking was taken by Belarus ($X), with a 16% share of total exports. It was followed by Kazakhstan, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Russia totaled -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (-4.3% per year) and Kazakhstan (-5.4% per year).

Export Prices by Country

In 2021, the average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, surging by 17% against the previous year. Over the period under review, the export price, however, showed a mild decrease. The pace of growth was the most pronounced in 2017 an increase of 18% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Pakistan ($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 Hong Kong SAR (+6.4%), 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 Ukraine

In 2021, overseas purchases of hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -8.9% to X units, falling for the second consecutive year after three years of growth. In general, imports, however, continue to indicate a tangible increase. The pace of growth appeared the most rapid in 2018 with an increase of 135% against the previous year. Over the period under review, imports of reached the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 44% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of hydraulic pump (gear or vane) and other rotary positive displacement pump to Ukraine, with a 66% share of total imports. Moreover, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from China exceeded the figures recorded by the second-largest supplier, Russia (X units), sixfold. Italy (X units) ranked third in terms of total imports with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (-9.4% per year) and Italy (+15.7% per year).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Ukraine were Germany ($X), China ($X) and Italy ($X), with a combined 51% share of total imports. These countries were followed by Turkey, Russia, Belarus, the UK, Bulgaria and South Korea, which together accounted for a further 20%.

Among the main suppliers, Turkey, with a CAGR of +32.5%, saw 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

In 2021, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, jumping by 31% against the previous year. In general, the import price, however, saw a pronounced decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 79% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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