Latin America and the Caribbean: Hydraulic Pump Market 2020

Hydraulic Pump Market Size in Latin America and the Caribbean

The revenue of the hydraulic pump market in Latin America and the Caribbean amounted to $X in 2017, surging by X% against the previous year. The total market 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. Based on 2017 figures, the hydraulic pump consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2009, when market value increased by X% year-to-year. The level of hydraulic pump consumption peaked in 2017, and is expected to retain its growth in the immediate term.

Hydraulic Pump Production in Latin America and the Caribbean

In 2017, hydraulic pump production in Latin America and the Caribbean stood at X units, coming up by X% against the previous year. The total output indicated a remarkable increase 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. The pace of growth appeared the most rapid in 2008, when the output figure increased by X% y-o-y. Over the period under review, the hydraulic pump production attained its maximum volume of X units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Hydraulic Pump Exports in Latin America and the Caribbean

In 2017, the amount of hydraulic pumps exported in Latin America and the Caribbean stood at X units, going down by -X% against the previous year. The hydraulic pump exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2010, when exports increased by X% year-to-year. Over the period under review, the hydraulic pump exports reached its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, hydraulic pump exports totaled $X in 2017. The hydraulic 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 Pump Exports by Country in Latin America and the Caribbean

Mexico was the major exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Brazil (X units), achieving X% share of total exports.

Mexico was also the fastest growing in terms of the hydraulic pumps exports, with a CAGR of +X% from 2007 to 2017. Brazil (-X%) illustrated a downward trend over the same period. While the share of Brazil (X%) increased significantly in terms of the global exports from 2007-2017, the share of Mexico (-X%) displayed negative dynamics.

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

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

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

The hydraulic pump export price in Latin America and the Caribbean stood at $X per unit in 2017, increasing by X% against the previous year. The export price indicated a measured 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 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 attained their peak level of $X per unit. From 2010 to 2017, growth of the export prices for hydraulic pumps stood at a somewhat lower level.

Average export prices varied somewhat 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 Pump Imports in Latin America and the Caribbean

In 2017, imports of hydraulic pumps in Latin America and the Caribbean stood at X units, growing by X% against the previous year. The hydraulic pump imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. Over the period under review, the hydraulic pump imports reached its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, hydraulic pump imports totaled $X in 2017. The total imports indicated a prominent increase 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 pump imports decreased by -X% against 2012 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Hydraulic Pump Imports by Country in Latin America and the Caribbean

Colombia represented the largest importer of hydraulic pumps in Latin America and the Caribbean, with the volume of imports finishing at X units, which was near X% of total imports in 2017. It was distantly followed by Mexico (X units), creating X% share of total imports. Brazil (X units) held the mild share of total imports.

Colombia was also the fastest growing in terms of the hydraulic pumps imports, with a CAGR of +X% from 2007 to 2017. At the same time, Brazil (+X%) displayed positive paces of growth. By contrast, Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Mexico increased by X% percentage points, while Brazil (-X%) and Colombia (-X%) saw their share reduced.

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

In Mexico, hydraulic pump imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Colombia (+X% per year).

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

The hydraulic pump import price in Latin America and the Caribbean stood at $X per thousand units in 2017, going down by -X% against the previous year. The hydraulic pump import price continues to indicate a mild deduction. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2011; however, from 2012 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 Brazil ($X per unit), while Colombia ($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 Mexico (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform