Northern America: 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 Northern America

In 2021, the North American market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -2.2% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.1% against 2017 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced in the following year.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps shrank remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 285%. As a result, production attained the peak level of $X, and then shrank rapidly in the following year.

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

Exports in Northern America

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 2014, thus ending a six-year declining trend. Overall, exports, however, showed a perceptible descent. The pace of growth appeared the most rapid in 2014 with an increase of 6.9% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X in 2021. Over the period under review, exports, however, showed a slight decline. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States was the largest exporter of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Northern America, with the volume of exports accounting for X units, which was approx. 61% of total exports in 2021. It was distantly followed by Canada (X units), mixing up a 39% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Canada (with a CAGR of -1.9%).

In value terms, the United States ($X) remains the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier in Northern America, comprising 75% of total exports. The second position in the ranking was taken by Canada ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at -2.1%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per unit, picking up by 9.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 13% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.0%).

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

Imports in Northern America

In 2021, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps imported in Northern America expanded notably to X units, surging by 13% compared with 2020. In general, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021. Overall, imports, however, saw a slight downturn. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States dominates pumps structure, recording X units, which was approx. 95% of total imports in 2021. It was distantly followed by Canada (X units), generating a 5.5% share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps. Canada (-7.3%) illustrated a downward trend over the same period. The United States (+5 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -5% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Northern America, comprising 84% of total imports. The second position in the ranking was taken by Canada ($X), with a 16% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per unit, increasing by 2.9% against the previous year. Over the period under review, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2017 when the import price increased by 7.8% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+3.4%).

Source: IndexBox Platform