Turkey: 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 Turkey

The Turkish market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021, rising by 27% against the previous year. Overall, consumption showed a resilient expansion. Consumption of peaked in 2021 and is expected to retain growth in the near future.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 145%. Over the period under review, production of reached the peak level in 2021 and is likely to see gradual growth in the immediate term.

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

Exports from Turkey

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 2018, thus ending a two-year declining trend. In general, total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached 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. Overall, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Turkey, with a 28% share of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to the United States exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Iran (X units), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+7.1% per year) and Iran (+10.9% per year).

In value terms, the United States ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for hydraulic pump (gear or vane) and other rotary positive displacement pump exported from Turkey worldwide, with a combined 40% share of total exports. Russia, Iran, India, Iraq, Belgium, Brazil, Italy, France, Azerbaijan and the United Arab Emirates lagged somewhat behind, together accounting for a further 44%.

Belgium, with a CAGR of +82.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, approximately mirroring the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 26%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United Arab Emirates ($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 Brazil (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Turkey

In 2021, the amount of hydraulic pumps (gear or vane) and other rotary positive displacement pumps imported into Turkey surged to X units, jumping by 29% against the previous year. Overall, imports recorded a strong increase. The growth pace was the most rapid in 2020 with an increase of 92% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps soared to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +69.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest hydraulic pump (gear or vane) and other rotary positive displacement pump supplier to Turkey, accounting for a 70% share of total imports. Moreover, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from China exceeded the figures recorded by the second-largest supplier, Romania (X units), more than tenfold. The third position in this ranking was held by the Czech Republic (X units), with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+79.0% per year) and the Czech Republic (+38.3% per year).

In value terms, China ($X) constituted the largest supplier of hydraulic pumps (gear or vane) and other rotary positive displacement pumps to Turkey, comprising 37% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by Japan, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.8% per year) and Japan (+23.4% 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, picking up by 11% against the previous year. In general, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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 Czech Republic (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform