Slovakia: 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 Slovakia

After five years of growth, the Slovak market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -26.9% to $X in 2021. Over the period under review, consumption, however, recorded a notable expansion. Over the period under review, the market hit record highs at $X in 2020, and then fell remarkably in the following year.

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

Exports from Slovakia

In 2021, overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 18% to X units, rising for the fifth consecutive year after four years of decline. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 911%. Over the period under review, the exports of attained the maximum in 2021 and are likely to see gradual growth in years to come.

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, recorded a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 373%. Over the period under review, the exports of attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X units), the Czech Republic (X units) and Germany (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Slovakia, with a combined 24% share of total exports. Hungary, Poland, China, the UK, the United States and France lagged somewhat behind, together comprising a further 4.5%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +33.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Slovakia worldwide, together accounting for 73% of total exports. Hungary, Poland, China, the United States, the UK and France lagged somewhat behind, together accounting for a further 16%.

Among the main countries of destination, Hungary, with a CAGR of +14.8%, saw the highest rates of growth with regard to 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

The average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, picking up by 20% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by 46% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 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 the United States ($X per unit), while the average price for exports to Hungary ($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 the United States (+5.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Slovakia

After six years of growth, overseas purchases of hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -26% to X units in 2021. In general, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 69% against the previous year. Over the period under review, imports of reached the maximum at X units in 2020, and then dropped markedly in the following year.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose modestly to $X in 2021. Over the period under review, total imports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -19.4% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 49%. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Slovenia (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Slovakia, together comprising 18% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovenia (with a CAGR of +241.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Slovakia, together comprising 85% of total imports.

In terms of the main suppliers, Slovenia, with a CAGR of +224.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, growing by 38% against the previous year. Overall, the import price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 45%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($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 (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform