MERCOSUR: 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 MERCOSUR

The MERCOSUR market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose remarkably to $X in 2021, with an increase of 14% against the previous year. The total consumption indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% 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 +116.5% against 2016 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 74%. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a somewhat lower figure.

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

Exports in MERCOSUR

In 2021, after two years of decline, there was significant growth in overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when their volume increased by 9.7% to X units. Overall, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of 24%. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose rapidly to $X in 2021. Over the period under review, exports, however, saw a drastic downturn. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Brazil was the key exporter of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in MERCOSUR, with the volume of exports recording X units, which was approx. 86% of total exports in 2021. It was distantly followed by Argentina (X units), mixing up a 13% share of total exports.

Exports from Brazil decreased at an average annual rate of -10.1% from 2012 to 2021. Argentina (-5.6%) illustrated a downward trend over the same period. While the share of Argentina (+4.4 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Brazil (-3.9 p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier in MERCOSUR, comprising 83% of total exports. The second position in the ranking was taken by Argentina ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Brazil stood at -7.2%.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per unit, growing by 1.7% against the previous year. Export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by +66.4% against 2018 indices. The growth pace was the most rapid in 2019 when the export price increased by 31%. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Argentina totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%).

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

Imports in MERCOSUR

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were imported in MERCOSUR; rising by 43% against the previous year. Overall, imports, however, recorded a pronounced descent. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. In general, imports, however, continue to indicate a slight reduction. Over the period under review, imports of attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

Brazil was the main importer of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in MERCOSUR, with the volume of imports recording X units, which was approx. 63% of total imports in 2021. Argentina (X units) ranks second in terms of the total imports with a 14% share, followed by Chile (13%). Colombia (X units), Venezuela (X units) and Peru (X units) held a little share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps. At the same time, Peru (+1.9%) and Chile (+1.3%) displayed positive paces of growth. Moreover, Peru emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +1.9% from 2012-2021. By contrast, Colombia (-2.4%), Argentina (-6.1%) and Venezuela (-12.0%) illustrated a downward trend over the same period. Brazil (+6.6 p.p.) and Chile (+3.4 p.p.) significantly strengthened its position in terms of the total imports, while Venezuela and Argentina saw its share reduced by -4% and -6.6% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported hydraulic pumps (gear or vane) and other rotary positive displacement pumps in MERCOSUR, comprising 46% of total imports. The second position in the ranking was held by Chile ($X), with a 17% share of total imports. It was followed by Argentina, with a 16% share.

From 2012 to 2021, the average annual growth rate of value in Brazil was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Chile (-0.1% per year) and Argentina (-4.4% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, with a decrease of -3.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 20% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat 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 Peru ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (+1.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform