Northern America: Hydraulic System Market 2020

Hydraulic System Market Size in Northern America

The revenue of the hydraulic system market in Northern America amounted to $X in 2017, approximately equating the previous year. The hydraulic system consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, with an increase of X% y-o-y. In that year, the hydraulic system market reached their peak level of $X. From 2010 to 2017, growth of the hydraulic system market stood at a somewhat lower level.

Hydraulic System Production in Northern America

In 2017, hydraulic system production in Northern America totaled X units, flattening at the previous year. The hydraulic system production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009, with an increase of X% against the previous year. In that year, the hydraulic system production reached their peak volume of X units. From 2010 to 2017, growth of the hydraulic system production failed to regain its momentum.

Hydraulic System Exports in Northern America

In 2017, the amount of hydraulic systems (power packs without actuators) exported in Northern America totaled X units, growing by X% against the previous year. The total exports indicated a modest expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hydraulic system exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. Over the period under review, the hydraulic system exports reached its peak figure volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, hydraulic system exports stood at $X in 2017. The total exports indicated a measured growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hydraulic system exports decreased by -X% against 2014 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Hydraulic System Exports by Country in Northern America

The U.S. (X units) represented roughly X% of total exports of hydraulic systems (power packs without actuators) in 2017.

The U.S. was also the fastest growing in terms of the hydraulic systems (power packs without actuators) exports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest hydraulic system supplier in Northern America.

In the U.S., hydraulic system exports expanded at an average annual rate of +X% over the period from 2007-2017.

Hydraulic System Export Prices by Country in Northern America

In 2017, the hydraulic system export price in Northern America amounted to $X per unit, remaining constant against the previous year. The hydraulic system export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when the export prices increased by X% y-o-y. In that year, the export prices for hydraulic systems (power packs without actuators) reached their peak level of $X per unit. From 2010 to 2017, growth of the export prices for hydraulic systems (power packs without actuators) stood at a somewhat lower level.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Hydraulic System Imports in Northern America

In 2017, imports of hydraulic systems (power packs without actuators) in Northern America totaled X units, jumping by X% against the previous year. The hydraulic system imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The volume of imports peaked of X units in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, hydraulic system imports totaled $X in 2017. The hydraulic system imports continue to indicate a pronounced increase. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Hydraulic System Imports by Country in Northern America

Canada (X units) represented roughly X% of total imports of hydraulic systems (power packs without actuators) in 2017.

Canada was also the fastest growing in terms of the hydraulic systems (power packs without actuators) imports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of Canada decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported hydraulic systems (power packs without actuators) in Northern America.

From 2007 to 2017, the average annual growth rate of value in Canada amounted to +X%.

Hydraulic System Import Prices by Country in Northern America

In 2017, the hydraulic system import price in Northern America amounted to $X per unit, coming down by -X% against the previous year. The hydraulic system import price continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2015, an increase of X% against the previous year. The level of import price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Canada (-X% per year).

Source: IndexBox Platform