New Zealand: 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 New Zealand

The New Zealand market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021, with an increase of 43% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a prominent expansion. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

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

Exports from New Zealand

In 2021, approx. X units of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were exported from New Zealand; waning by -45.5% on 2020 figures. Overall, exports faced a sharp slump. The growth pace was the most rapid in 2020 with an increase of 68%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021. Over the period under review, exports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 201% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Fiji (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from New Zealand, accounting for a 70% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Fiji exceeded the volume sent to the second major destination, Australia (X units), threefold. The United States (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Fiji amounted to -8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-14.8% per year) and the United States (+17.0% per year).

In value terms, the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from New Zealand were Fiji ($X), Australia ($X) and Malaysia ($X), with a combined 57% share of total exports.

In terms of the main countries of destination, Malaysia, with a CAGR of +60.2%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, with an increase of 227% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2016 an increase of 405% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the average price for exports to French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Solomon Islands (+46.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into New Zealand

In 2021, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps into New Zealand skyrocketed to X units, increasing by 50% against the previous year's figure. In general, imports showed a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 102% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021. Overall, imports saw a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 95% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Japan (X units), China (X units) and the United States (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to New Zealand, together accounting for 88% of total imports. These countries were followed by Italy, Germany, Taiwan (Chinese), Australia, Thailand, Mexico, Canada, South Korea and the UK, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +43.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to New Zealand, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 19% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+25.9% per year) and Germany (+16.1% per year).

Import Prices by Country

In 2021, the average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps amounted to $X per unit, dropping by -16.3% against the previous year. Overall, the import price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 163% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform