Eastern Asia: Axial Piston Market 2020

Axial Piston Market Size in Eastern Asia

The revenue of the axial piston market in Eastern Asia amounted to $X in 2017, reducing by -X% against the previous year. The axial piston consumption continues to indicate a dramatic drop. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The level of axial piston consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Axial Piston Production in Eastern Asia

In 2017, the amount of hydraulic pumps (axial piston) produced in Eastern Asia amounted to X units, shrinking by -X% against the previous year. The axial piston production continues to indicate a strong increase. The growth pace was the most rapid in 2010, when the output figure increased by X% year-to-year. Over the period under review, the axial piston production reached its maximum volume of X units in 2016, and then declined slightly in the following year.

Axial Piston Exports in Eastern Asia

In 2017, the amount of hydraulic pumps (axial piston) exported in Eastern Asia stood at X units, growing by X% against the previous year. The axial piston exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the axial piston exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, axial piston exports stood at $X in 2017. The total exports indicated a remarkable 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. Based on 2017 figures, the axial piston exports increased by +X% against 2014 indices. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Axial Piston Export Prices by Country in Eastern Asia

The axial piston export price in Eastern Asia stood at $X per unit in 2017, waning by -X% against the previous year. The axial piston export price continues to indicate a sharp decline. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

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

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

Axial Piston Imports in Eastern Asia

In 2017, the amount of hydraulic pumps (axial piston) imported in Eastern Asia stood at X units, coming down by -X% against the previous year. The axial piston imports continue to indicate a temperate growth. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. In that year, the axial piston imports attained their peak volume of X units, and then declined slightly in the following year.

In value terms, axial piston imports totaled $X in 2017. The total imports indicated a strong expansion 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 axial piston imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Axial Piston Imports by Country in Eastern Asia

Japan represented the largest importer of hydraulic pumps (axial piston) in Eastern Asia, with the volume of imports resulting at X units, which was approx. X% of total imports in 2017. It was distantly followed by China (X units), achieving X% share of total imports. Taiwan, Chinese (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to axial piston imports into Japan stood at +X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. Taiwan, Chinese experienced a relatively flat trend pattern. China (-X%) and Japan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported hydraulic pumps (axial piston) in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

In China, axial piston imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Taiwan, Chinese (+X% per year).

Axial Piston Import Prices by Country in Eastern Asia

In 2017, the axial piston import price in Eastern Asia amounted to $X per thousand units, increasing by X% against the previous year. The axial piston import price continues to indicate a mild growth. The pace of growth appeared the most rapid in 2008, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform