Middle East: 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 the Middle East

The Middle Eastern market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021, jumping by 21% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% 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 +42.8% against 2019 indices. Over the period under review, the market attained the maximum level 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 the Middle East

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, posted significant growth. The growth pace was the most rapid in 2015 with an increase of 145%. The level of production peaked in 2021 and is expected to retain growth in the near future.

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

Exports in the Middle East

In 2021, after two years of decline, there was significant growth in shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when their volume increased by 32% to X units. Total exports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% 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 reached 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 buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.5% 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

Turkey (X units) represented roughly 98% of total exports in 2021.

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 the Middle East.

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

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2021, reducing by -4.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by 25% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices failed to regain momentum.

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 the Middle East

Imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to X units in 2021, picking up by 24% compared with the year before. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. Over the period under review, imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey dominates pumps structure, accounting for X units, which was near 85% of total imports in 2021. It was distantly followed by the United Arab Emirates (X units), constituting a 5.8% share of total imports. The following importers - Iran (X units) and Iraq (X units) - each accounted for a 6.9% 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, Turkey ($X), the United Arab Emirates ($X) and Iraq ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 71% of total imports.

Among the main importing countries, Turkey, with a CAGR of +8.9%, saw 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

The import price in the Middle East stood at $X per unit in 2021, growing by 11% against the previous year. Over the period under review, the import price, however, saw a abrupt decline. The pace of growth was the most pronounced in 2013 an increase of 13%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: 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