Spain: 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 Spain

For the sixth consecutive year, the Spanish market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps contracted markedly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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

Exports from Spain

In 2022, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps exported from Spain dropped to X units, shrinking by X% against the previous year. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped to $X in 2022. Overall, exports, however, posted perceptible growth. The growth pace was the most rapid in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Portugal (X units), Germany (X units) and France (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Spain, together accounting for X% of total exports. Italy, Thailand, the Netherlands, Turkey, the UK, the United States, Denmark, Peru, Chile and Brazil lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), Germany ($X) and the UK ($X) constituted the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Spain worldwide, with a combined X% share of total exports. Portugal, the United States, Chile, Denmark, Italy, Thailand, the Netherlands, Brazil, Peru and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, picking up by X% against the previous year. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Portugal ($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 France (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 Spain

For the third consecutive year, Spain recorded growth in supplies from abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, which increased by X% to X units in 2022. Overall, imports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, China (X units) constituted the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier to Spain, accounting for a X% 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, Italy (X units), twofold. Germany (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Spain were Germany ($X), Italy ($X) and France ($X), together comprising X% of total imports. China, the United States, the UK, Denmark and Japan lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the United States, 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 import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price, however, saw buoyant growth. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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