Asia: Hydraulic System Market 2020

Hydraulic System Market Size in Asia

The revenue of the hydraulic system market in Asia amounted to $X in 2017, dropping by -X% against the previous year. The hydraulic system consumption continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2008, with an increase of X% year-to-year. In that year, the hydraulic system market attained their peak level of $X. From 2009 to 2017, growth of the hydraulic system market failed to regain its momentum.

Hydraulic System Production in Asia

In 2017, approx. X units of hydraulic systems (power packs without actuators) were produced in Asia; coming up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. The volume of hydraulic system production peaked in 2017, and is expected to retain its growth in the near future.

Hydraulic System Exports in Asia

In 2017, approx. X units of hydraulic systems (power packs without actuators) were exported in Asia; growing by X% against the previous year. The hydraulic system exports continue to indicate a skyrocketing expansion. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the hydraulic system exports attained its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, hydraulic system exports totaled $X in 2017. The hydraulic system exports continue to indicate a prominent expansion. In that year, the hydraulic system exports attained their peak level of $X. From 2012 to 2017, growth of the hydraulic system exports failed to regain its momentum.

Hydraulic System Exports by Country in Asia

In 2017, Japan (X units) represented the largest exporter for hydraulic systems (power packs without actuators), creating X% of total exports. It was distantly followed by China (X units), making up X% share of total exports. Singapore (X units) held the weak share of total exports.

From 2007 to 2017, average annual rates of growth with regard to hydraulic system exports from Japan stood at +X%. At the same time, China (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. While the share of Singapore (-X%), China (-X%) and Japan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydraulic system markets worldwide were Japan ($X), China ($X) and Singapore ($X), with a combined X% share of total exports.

Among the main exporting countries , China (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Hydraulic System Export Prices by Country in Asia

In 2017, the hydraulic system export price in Asia amounted to $X per unit, declining by -X% against the previous year. The hydraulic system export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% y-o-y. In that year, the export prices for hydraulic systems (power packs without actuators) reached their peak level of $X thousand per unit. From 2009 to 2017, growth of the export prices for hydraulic systems (power packs without actuators) failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (-X% per year), while the other leaders experienced a decline in the export price figures.

Hydraulic System Imports in Asia

In 2017, approx. X units of hydraulic systems (power packs without actuators) were imported in Asia; remaining constant against the previous year. The hydraulic system imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. In that year, the hydraulic system imports reached their peak volume of X units. From 2011 to 2017, growth of the hydraulic system imports failed to regain its momentum.

In value terms, hydraulic system imports amounted to $X in 2017. The total imports indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the hydraulic system imports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Hydraulic System Imports by Country in Asia

In 2017, China (X units) represented the largest importer for hydraulic systems (power packs without actuators), committing X% of total imports. Thailand (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by India (X%), Singapore (X%) and Japan (X%). The following importers - China, Hong Kong SAR (X units) and Taiwan, Chinese (X units) each recorded a X% share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Thailand (+X%), Japan (+X%), India (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest growing importer in Asia, with a CAGR of +X% from 2007-2017. Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (-X%), China (-X%), Singapore (-X%), India (-X%) and Thailand (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported hydraulic systems (power packs without actuators) in Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to -X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and India (+X% per year).

Hydraulic System Import Prices by Country in Asia

In 2017, the hydraulic system import price in Asia amounted to $X per unit, jumping by X% against the previous year. The hydraulic system import price continues to indicate a temperate contraction. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. The level of import price peaked of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X thousand per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform