Eastern Europe: Market for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps 2024

Market Size for Hydraulic Pumps (Gear or Vane) and other Rotary Positive Displacement Pumps in Eastern Europe

After two years of decline, the East European market for hydraulic pumps (gear or vane) and other rotary positive displacement pumps increased by X% to $X in 2022. Overall, consumption saw a mild slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

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

In value terms, production of hydraulic pumps (gear or vane) and other rotary positive displacement pumps rose slightly to $X in 2022 estimated in export price. In general, production recorded a noticeable decrease. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports in Eastern Europe

For the seventh year in a row, Eastern Europe recorded growth in overseas shipments of hydraulic pumps (gear or vane) and other rotary positive displacement pumps, which increased by X% to X units in 2022. In general, exports saw a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, exports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps declined to $X in 2022. Total exports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Bulgaria was the major exporting country with an export of about X units, which accounted for X% of total exports. Romania (X units) held the second position in the ranking, followed by the Czech Republic (X units) and Ukraine (X units). All these countries together took near X% share of total exports. The following exporters - Slovakia (X units), Belarus (X units) and Poland (X units) - together made up X% of total exports.

Bulgaria was also the fastest-growing in terms of the hydraulic pumps (gear or vane) and other rotary positive displacement pumps exports, with a CAGR of X% from 2012 to 2022. At the same time, Romania (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Poland and Belarus experienced a relatively flat trend pattern. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Bulgaria (X p.p.), Romania (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Poland (X p.p.), Belarus (X p.p.) and Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bulgaria ($X), the Czech Republic ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Eastern Europe

In 2022, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in Eastern Europe stood at X units, therefore, remained relatively stable against 2021 figures. In general, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps shrank to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

The countries with the highest levels of imports of hydraulic pumps (gear or vane) and other rotary positive displacement pumps in 2022 were Poland (X units), Russia (X units) and the Czech Republic (X units), together finishing at X% of total import. It was distantly followed by Romania (X units), Slovakia (X units) and Belarus (X units), together comprising a X% share of total imports. Hungary (X units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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