Thailand: 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 Thailand

The Thai market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps fell to $X in 2021, with a decrease of -13.4% against the previous year. In general, consumption saw a noticeable curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2021 estimated in export price. Overall, production, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 171%. Over the period under review, production of reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

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

Exports from Thailand

In 2021, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Thailand soared to X units, rising by 171% against the previous year. Overall, exports showed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 150%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The United States (X units), Japan (X units) and Brazil (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Thailand, with a combined 47% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +207.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from Thailand, comprising 31% of total exports. The second position in the ranking was taken by Japan ($X), with a 15% share of total exports. It was followed by Brazil, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+50.5% per year) and Brazil (+181.4% per year).

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, reducing by -42.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2016 a decrease of -4.4% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Taiwan (Chinese) ($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 Mexico (+16.6%), 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 Thailand

In 2021, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps imported into Thailand soared to X units, surging by 24% against the previous year's figure. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

Imports by Country

China (X units), Japan (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 Thailand, together accounting for 87% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +18.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and the United States ($X) constituted the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Thailand, together accounting for 70% of total imports.

Among the main suppliers, China, with a CAGR of +3.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

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, approximately reflecting the previous year. In general, the import price, however, recorded a abrupt shrinkage. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a 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 United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform