Canada: 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 Canada

The Canadian market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps expanded modestly to $X in 2021, with an increase of 4% against the previous year. Overall, consumption showed a prominent expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps shrank to $X in 2021 estimated in export price. In general, the total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +93.9% against 2013 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 31% against the previous year. Production of peaked at $X in 2020, and then dropped modestly in the following year.

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

Exports from Canada

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were exported from Canada; remaining constant against 2020. Over the period under review, exports, however, showed a slight shrinkage. The growth pace was the most rapid in 2019 when exports increased by 19% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps totaled $X in 2021. In general, exports continue to indicate a slight expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 20%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Canada, with a approx. 98% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -1.9%.

In value terms, the United States ($X) also remains the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from Canada.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +1.7%.

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, increasing by 4.3% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2013 when the average export price increased by 15% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +3.6% per year.

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

Imports into Canada

Imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps into Canada skyrocketed to X units in 2021, picking up by 29% compared with the previous year's figure. Overall, imports, however, recorded a abrupt downturn. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X in 2021. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when imports increased by 20%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), the United States (X units) and Mexico (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Canada, together accounting for 79% of total imports. Japan, Italy, Germany and South Korea lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +16.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Canada, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with an 8% share of total imports. It was followed by China, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and China (+1.0% per year).

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, declining by -15.1% against the previous year. In general, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -19.8% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 22% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, 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 South Korea (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform