Global Hydraulic System Market 2020

Hydraulic System Market Size

The global hydraulic system market revenue amounted to $X in 2017, reducing by -X% against the previous year. In general, hydraulic system consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2008, with an increase of X% against the previous year. In that year, the global hydraulic system market reached their peak level of $X. From 2009 to 2017, growth of the global hydraulic system market stood at a somewhat lower level.

Hydraulic System Production

In 2017, the global hydraulic system production amounted to X units, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% against the previous year. Global hydraulic system production peaked in 2017, and is likely to see steady growth in the near future.

Hydraulic System Exports

Global exports amounted to X units in 2017, increasing by X% against the previous year. In general, hydraulic system exports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the global hydraulic system exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, hydraulic system exports totaled $X in 2017. In general, the total exports indicated a slight expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the global hydraulic system exports attained their peak level of $X. From 2012 to 2017, growth of the global hydraulic system exports stood at a somewhat lower level.

Hydraulic System Exports by Country

In 2017, Japan (X units) represented the largest exporter for hydraulic systems (power packs without actuators), achieving X% of total exports. The U.S. (X units) took the second position in the ranking, distantly followed by China (X units). All these countries together held near X% share of total exports. The following exporters - Singapore (X units), Australia (X units) and New Zealand (X units) each recorded a X% share of total exports.

Exports from Japan increased at an average annual rate of +X% from 2007 to 2017. At the same time, Australia (+X%), China (+X%), Singapore (+X%), New Zealand (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. While the share of New Zealand (-X%), Australia (-X%), Singapore (-X%), the U.S. (-X%), China (-X%) and Japan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest hydraulic system markets worldwide were the U.S. ($X), Japan ($X) and China ($X), with a combined X% share of global exports. Singapore, Australia and New Zealand lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries , Australia (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other global leaders experienced more modest paces of growth.

Hydraulic System Export Prices by Country

The average hydraulic system export price stood at $X thousand per unit in 2017, waning by -X% against the previous year. Overall, hydraulic system export price continues to indicate an abrupt curtailment. The growth pace was the most rapid in 2008, an increase of X% year-to-year. Over the period under review, the average export prices for hydraulic systems (power packs without actuators) attained its peak figure level of $X thousand per unit in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Australia ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year), while the other global leaders experienced a decline in the export price figures.

Hydraulic System Imports

In 2017, the amount of hydraulic systems (power packs without actuators) imported worldwide amounted to X units, jumping by X% against the previous year. In general, the total imports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hydraulic system imports decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. In that year, the global hydraulic system imports reached their peak volume of X units. From 2011 to 2017, growth of the global hydraulic system imports stood at a somewhat lower level.

In value terms, hydraulic system imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. In that year, the global hydraulic system imports attained their peak level of $X. From 2012 to 2017, growth of the global hydraulic system imports failed to regain its momentum.

Hydraulic System Imports by Country

Canada was the main importing country with an import of about X units, which reached X% of total imports. The U.S. (X units) ranks second in terms of the global imports with a X% share, followed by China (X%) and Thailand (X%). Australia (X units), India (X units), Singapore (X units), Brazil (X units), South Africa (X units) and Japan (X units) took the mild share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Canada (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), China ($X) and Canada ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of global imports. Japan, India, Australia, Singapore, Brazil, Thailand and South Africa lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Thailand (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Hydraulic System Import Prices by Country

In 2017, the average hydraulic system import price amounted to $X per unit, approximately reflecting the previous year. Overall, hydraulic system import price continues to indicate a deep decrease. The growth pace was the most rapid in 2011, when it surged by X% against the previous year. Over the period under review, the average import prices for hydraulic systems (power packs without actuators) reached its maximum level of $X thousand per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X thousand per unit), while Canada ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform