MENA: 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 MENA

In 2021, the MENA's market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 14% to $X, rising for the fifth consecutive year after two years of decline. The total consumption indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +93.1% against 2016 indices. Over the period under review, the market attained the peak level in 2021 and is likely to see gradual growth in years to come.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a significant expansion. The pace of growth was the most pronounced in 2015 when the production volume increased by 145%. The level of production peaked in 2021 and is likely to continue growth in the immediate term.

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

Exports in MENA

In 2021, shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. Total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the one major exporters of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, namely Turkey, represented more than two-thirds of total export.

Turkey was also the fastest-growing in terms of the hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports, with a CAGR of +6.4% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) also remains the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier in MENA.

From 2012 to 2021, the average annual growth rate of value in Turkey totaled +7.0%.

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, which is down by -5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 24%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +0.6% per year.

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

Imports in MENA

For the fifth consecutive year, MENA recorded growth in purchases abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, which increased by 24% to X units in 2021. In general, imports showed resilient growth. The pace of growth was the most pronounced in 2020 when imports increased by 58%. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021. The total import value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey prevails in pumps structure, accounting for X units, which was near 83% of total imports in 2021. It was distantly followed by the United Arab Emirates (X units), creating a 5.7% share of total imports. The following importers - Iran (X units) and Iraq (X units) - each resulted at a 6.7% share of total imports.

Turkey was also the fastest-growing in terms of the hydraulic pumps (gear or vane) and other rotary positive displacement pumps imports, with a CAGR of +16.0% from 2012 to 2021. At the same time, the United Arab Emirates (+2.1%) displayed positive paces of growth. Iraq experienced a relatively flat trend pattern. By contrast, Iran (-2.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey increased by +26 percentage points.

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump importing markets in MENA were Turkey ($X), the United Arab Emirates ($X) and Iraq ($X), with a combined 56% share of total imports.

Among the main importing countries, Turkey, with a CAGR of +8.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, increasing by 8.1% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when the import price increased by 19% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+3.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform