Latin America and the Caribbean: Hydraulic Gear Pump Market 2020

Hydraulic Gear Pump Market Size in Latin America and the Caribbean

The revenue of the hydraulic gear pump market in Latin America and the Caribbean amounted to $X in 2017, picking up by X% against the previous year. The total market indicated a remarkable 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. Based on 2017 figures, the hydraulic gear pump consumption increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. In that year, the hydraulic gear pump market attained their peak level of $X. From 2010 to 2017, growth of the hydraulic gear pump market failed to regain its momentum.

Hydraulic Gear Pump Production in Latin America and the Caribbean

In 2017, the amount of hydraulic pumps (gear) produced in Latin America and the Caribbean totaled X units, jumping 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 somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016, when the output figure increased by X% against the previous year. Over the period under review, the hydraulic gear pump production reached its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Hydraulic Gear Pump Exports in Latin America and the Caribbean

In 2017, exports of hydraulic pumps (gear) in Latin America and the Caribbean totaled X units, shrinking by -X% against the previous year. The hydraulic gear pump exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, the hydraulic gear pump exports attained its maximum volume of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, hydraulic gear pump exports totaled $X in 2017. The hydraulic gear pump exports continue to indicate a remarkable increase. The level of exports peaked of $X in 2016, and then declined slightly in the following year.

Hydraulic Gear Pump Exports by Country in Latin America and the Caribbean

Mexico was the largest exporter of hydraulic pumps (gear) in Latin America and the Caribbean, with the volume of exports amounting to X units, which was approx. X% of total exports in 2017. It was distantly followed by Brazil (X units), creating X% share of total exports.

Mexico was also the fastest growing in terms of the hydraulic pumps (gear) exports, with a CAGR of +X% from 2007 to 2017. Brazil (-X%) illustrated a downward trend over the same period. Brazil (X%) significantly strengthened its position in terms of the global exports, while Mexico saw its share reduced by -X% from 2007 to 2017, respectively.

In value terms, Mexico ($X) remains the largest hydraulic gear pump supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in Mexico stood at +X%.

Hydraulic Gear Pump Export Prices by Country in Latin America and the Caribbean

In 2017, the hydraulic gear pump export price in Latin America and the Caribbean amounted to $X per unit, growing by X% against the previous year. The export price indicated a significant expansion from 2007 to 2017: its price 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 gear pump export price increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2009, an increase of X% y-o-y. In that year, the export prices for hydraulic pumps (gear) attained their peak level of $X per unit. From 2010 to 2017, growth of the export prices for hydraulic pumps (gear) stood at a somewhat lower level.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Brazil ($X per unit) and Mexico ($X per unit), while Mexico ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year).

Hydraulic Gear Pump Imports in Latin America and the Caribbean

In 2017, approx. X units of hydraulic pumps (gear) were imported in Latin America and the Caribbean; increasing by X% against the previous year. The hydraulic gear pump imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. The volume of imports peaked of X units in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, hydraulic gear pump imports totaled $X in 2017. The hydraulic gear pump imports continue to indicate a prominent expansion. Over the period under review, the hydraulic gear pump imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Hydraulic Gear Pump Imports by Country in Latin America and the Caribbean

Mexico was the major importer of hydraulic pumps (gear) in Latin America and the Caribbean, with the volume of imports recording X units, which was approx. X% of total imports in 2017. Brazil (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Argentina (X%).

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Brazil (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. While the share of Brazil (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported hydraulic pumps (gear) in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Mexico totaled +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Argentina (+X% per year).

Hydraulic Gear Pump Import Prices by Country in Latin America and the Caribbean

In 2017, the hydraulic gear pump import price in Latin America and the Caribbean amounted to $X per unit, going up by X% against the previous year. The hydraulic gear pump import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2009; however, from 2010 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 Argentina ($X per unit), while Mexico ($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 Mexico (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform