Sweden: 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 Sweden

After two years of decline, the Swedish market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 13% to $X in 2021. In general, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a sharp reduction. Production of peaked at $X in 2020, and then declined markedly in the following year.

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

Exports from Sweden

In 2021, overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps were finally on the rise to reach X units after six years of decline. In general, exports, however, saw a abrupt curtailment. Over the period under review, the exports of hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X units), Finland (X units) and the United States (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Sweden.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +47.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Sweden were Russia ($X), Norway ($X) and the United States ($X), with a combined 32% share of total exports. These countries were followed by Finland, Germany, China, Saudi Arabia, the UK, France, Denmark, Poland, the Netherlands and Ireland, which together accounted for a further 37%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +39.6%, saw 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

The average export price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps stood at $X per unit in 2021, increasing by 4.5% against the previous year. Overall, the export price, however, saw a pronounced reduction. The growth pace was the most rapid in 2020 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 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 Russia ($X per unit), while the average price for exports to Ireland ($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 UK (-1.8%), while the prices for the other major destinations experienced a decline.

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

Imports into Sweden

In 2021, purchases abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2015 when imports increased by 33%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports of remained at a somewhat 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 saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 32% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

In 2021, Germany (X units) was the main supplier of hydraulic pump (gear or vane) and other rotary positive displacement pump to Sweden, with a 153% share of total imports. Moreover, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 33% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+7.4% per year) and Italy (+14.4% per year).

In value terms, Germany ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Sweden, comprising 48% of total imports. The second position in the ranking was held by Italy ($X), with a 10% share of total imports. It was followed by the United States, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.4% per year) and the United States (-1.8% 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 -5.2% against the previous year. In general, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by +93.1% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform