Eastern Asia: Hydraulic System Market 2020

Hydraulic System Market Size in Eastern Asia

The revenue of the hydraulic system market in Eastern Asia amounted to $X in 2017, lowering by -X% against the previous year. The hydraulic system consumption continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2008, when market value increased by X% y-o-y. 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 Eastern Asia

In 2017, hydraulic system production in Eastern Asia stood at X units, jumping by X% against the previous year. The total output indicated a prominent expansion from 2007 to 2017: its volume 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 hydraulic system production increased by +X% against 2007 indices. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous 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 Eastern Asia

In 2017, hydraulic system exports in Eastern Asia amounted to X units, growing by X% against the previous year. The hydraulic system exports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, hydraulic system exports amounted to $X in 2017. The hydraulic system exports continue to indicate a strong expansion. In that year, the hydraulic system exports reached their peak level of $X. From 2012 to 2017, growth of the hydraulic system exports stood at a somewhat lower level.

Hydraulic System Exports by Country in Eastern Asia

Japan represented the largest exporter of hydraulic systems (power packs without actuators) in Eastern Asia, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by China (X units), committing X% share of total exports.

Exports from Japan increased at an average annual rate of +X% from 2007 to 2017. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of China and Japan decreased by -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) and China ($X) were the countries with the highest levels of exports in 2017, together accounting for X% 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.

Hydraulic System Export Prices by Country in Eastern Asia

In 2017, the hydraulic system export price in Eastern Asia amounted to $X per unit, lowering by -X% against the previous year. The hydraulic system export price continues to indicate a drastic drop. The growth pace was the most rapid in 2008, when the export prices increased by X% year-to-year. 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) stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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).

Hydraulic System Imports in Eastern Asia

In 2017, approx. X units of hydraulic systems (power packs without actuators) were imported in Eastern Asia; lowering by -X% against the previous year. The hydraulic system imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2010, with an increase of 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 stood at a somewhat lower level.

In value terms, hydraulic system imports totaled $X in 2017. The hydraulic system imports continue to indicate a relatively flat trend pattern. Over the period under review, the hydraulic system imports attained its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Hydraulic System Imports by Country in Eastern Asia

China dominates hydraulic system imports structure, resulting at X units, which was approx. X% of total imports in 2017. Japan (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by China, Hong Kong SAR (X%) and Taiwan, Chinese (X%).

Imports into China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan 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. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly in terms of the global imports from 2007-2017, the share of Japan (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, hydraulic system imports decreased by 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 China, Hong Kong SAR (-X% per year).

Hydraulic System Import Prices by Country in Eastern Asia

The hydraulic system import price in Eastern Asia stood at $X per unit in 2017, surging by X% against the previous year. The hydraulic system import price continues to indicate a slight downturn. The growth pace was the most rapid in 2011, when it surged by X% year-to-year. The level of import price peaked of $X per unit in 2012; however, from 2013 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 ($X thousand per unit), while Taiwan, Chinese ($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 China (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform