Uruguay: 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 Uruguay

For the third consecutive year, the Uruguayan market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps recorded growth in sales value, which increased by 176% to $X in 2021. Over the period under review, consumption showed a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

Exports from Uruguay

After two years of decline, overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 233% to X units in 2021. In general, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of 350% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. Over the period under review, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by 561% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Denmark (X units) and Argentina (X units) were the main destinations of exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps from Uruguay, together comprising 70% of total exports. Moreover, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in the United States exceeded the figures recorded by the second-largest exporter, Denmark, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +26.0%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) remains the key foreign market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports from Uruguay, comprising 75% of total exports. The second position in the ranking was taken by Denmark ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -11.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+113.8% per year) and Argentina (+16.0% per year).

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, shrinking by -29.7% against the previous year. In general, the export price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 130% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Argentina ($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 Denmark (+75.6%), 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 Uruguay

In 2021, overseas purchases of hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by 174% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 223%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps surged to $X in 2021. Overall, imports showed a prominent increase. 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 Uruguay, with a 53% 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, Brazil (X units), threefold. The UK (X units) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+1.6% per year) and the UK (+14.8% per year).

In value terms, the largest hydraulic pump (gear or vane) and other rotary positive displacement pump suppliers to Uruguay were Brazil ($X), China ($X) and the United States ($X), together comprising 56% of total imports. Germany, Italy, Argentina, the UK, Hong Kong SAR and Turkey lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, Hong Kong SAR, with a CAGR of +43.1%, saw 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

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 3.1% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 173% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 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 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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform