Argentina: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2025

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in Argentina

In 2021, the Argentinian market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps was finally on the rise to reach $X after three years of decline. In general, consumption, however, showed a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

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

Exports from Argentina

In 2021, after two years of decline, there was significant growth in overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when their volume increased by 45% to X units. Overall, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 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 fell significantly to $X in 2021. Over the period under review, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 15%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Argentina, accounting for a 89% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Brazil exceeded the volume sent to the second major destination, the United States (X units), more than tenfold. The third position in this ranking was held by Mexico (X units), with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Brazil amounted to +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-5.0% per year) and Mexico (-24.7% per year).

In value terms, Brazil ($X) emerged as the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from Argentina, comprising 59% of total exports. The second position in the ranking was held by the United States ($X), with a 28% share of total exports. It was followed by Mexico, with a 4.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil amounted to -6.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-7.3% per year) and Mexico (-25.2% 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, shrinking by -45.4% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 5.6%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil ($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 Mexico (-0.7%), while the prices for the other major destinations experienced a decline.

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

Imports into Argentina

In 2021, overseas purchases of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were finally on the rise to reach X units after three years of decline. Overall, imports, however, recorded a abrupt curtailment. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021. Over the period under review, imports, however, showed a perceptible shrinkage. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), China (X units) and Germany (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Argentina, with a combined 78% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +10.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Germany ($X) and China ($X) appeared to be the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Argentina, with a combined 53% share of total imports.

China, with a CAGR of +7.4%, 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

The average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, stabilizing at the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2019 when the average import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform