Benelux: 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 Benelux

In 2021, the Benelux market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -12.2% to $X for the first time since 2018, thus ending a two-year rising trend. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +87.8% against 2014 indices. The level of consumption peaked at $X in 2020, and then fell in the following year.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined markedly to $X in 2021 estimated in export price. In general, production continues to indicate a deep setback. The pace of growth was the most pronounced in 2015 when the production volume increased by 97%. The level of production peaked at $X in 2020, and then declined rapidly in the following year.

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

Exports in Benelux

In 2021, overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 27% to X units, rising for the second consecutive year after three years of decline. The total export volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 29%. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. Total exports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +75.5% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the two major exporters of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, namely Belgium and the Netherlands, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Belgium (with a CAGR of +4.7%).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplying countries in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main exporting countries, Belgium, with a CAGR of +5.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per unit, reducing by -7.4% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by 26%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.9%).

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

Imports in Benelux

In 2021, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps imported in Benelux surged to X units, picking up by 24% on 2020. The total import volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 26% against the previous year. Over the period under review, imports of reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X units) and the Netherlands (X units) was the major importer of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Benelux, mixing up 99% of total import.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +4.4%).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of +8.0%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, with a decrease of -2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2018 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Belgium amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.9%).

Source: IndexBox Platform