WHERE CHINESE HYDRAULIC MOTORS GO

2022-07-19


As we know, China is the world’s second-largest economy and the biggest ‘global factory’. According to the 2021 data, China’s hydraulic machinery and parts manufacturing industry takes up almost 30% of the global market by scale. Within the last few years, export volume has gradually increased. Despite the Covid-19 severe lockdown in Shanghai in spring 2022, the export of hydraulic motors increased by 6% compared to the same period of last year (January-May 2021) and reached 898172 units.


Export of Chinese Hydraulic Motors, 2018-2022


Year
Period 1
Quantity (units)
Revenue (USD)
Period 2
Quantity (units)
Revenue (USD)
2018 January-May 456741
45,718,648
All year 1158530
117,958,661
2019 January-May
554375
47,587,721
All year
1033862
106,836,293
2020 January-May
516969
42,135,296
All year
1203032
106,804,905
2021 January-May
846806
63,155,176
All year
1836476
179,749,657
2022 January-May
898172
94,223,575
All year
N/A
N/A



The biggest importer of Chinese hydraulic motors is the USA, which is not surprising considering that it is the world's second-largest construction market. Germany, Italy, Denmark and Poland are the most significant European importers. South America's biggest buyer is Brazil and South East Asia's are Malaysia and Indonesia. As the fourth biggest construction market in the world, which is estimated to move to the third position by 2030, India is also one of the biggest importers. Canada with a total construction market share of 2% closes the list.


Export of Chinese Hydraulic Motors By Quantity in January-May 2022


Country Quantity (units) % of Export Volume
USA
181197
21.4
Germany
74375
8.8
Italy
54735
6.5
Indonesia
50757
6
Brazil
47790
5.6
Malaysia
38859
4.6
Denmark
38226
4.5
India
35889
4.2
Poland
32445
3.8
Canada
28687
3.4





Alisa Sergienko

WEITAI Marketing Department


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