United Kingdom: 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 the UK

After seven years of growth, the UK market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps decreased by -26.2% to $X in 2021. Over the period under review, consumption, however, posted a strong expansion. As a result, consumption reached the peak level of $X, and then declined markedly in the following year.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 20%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

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

Exports from the UK

After two years of decline, shipments abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 94% to X units in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 129%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps reached $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when exports increased by 19%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X units), Germany (X units) and China (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from the UK, with a combined 61% share of total exports. These countries were followed by the Netherlands, the United Arab Emirates, France, Ireland, South Africa, Spain, Japan, Sweden and Hungary, which together accounted for a further 31%.

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 +34.6%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from the UK, comprising 19% of total exports. The second position in the ranking was taken by China ($X), with an 8.5% share of total exports. It was followed by Germany, with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled -6.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+12.8% per year) and Germany (+4.5% 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, shrinking by -40.9% against the previous year. Overall, the export price, however, continues to indicate a tangible expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 96%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the United Arab Emirates ($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 France (+8.2%), 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 the UK

In 2021, after three years of growth, there was significant decline in purchases abroad of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, when their volume decreased by -23.5% to X units. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 80%. As a result, imports reached the peak of X units, and then shrank notably in the following year.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps contracted to $X in 2021. Overall, imports recorded a slight decrease. The pace of growth was the most pronounced in 2018 with an increase of 43%. 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

China (X units), the United States (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 the UK, together accounting for 48% of total imports. These countries were followed by India, Italy, Denmark, Turkey, Japan, the Netherlands and Spain, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +40.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to the UK were the United States ($X), Germany ($X) and Italy ($X), with a combined 65% share of total imports. China, Turkey, the Netherlands, Japan, India, Denmark and Spain lagged somewhat behind, together accounting for a further 20%.

India, with a CAGR of +17.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, with an increase of 30% against the previous year. In general, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 145%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform