Tunisia: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in Tunisia

The Tunisian hydraulic cylinder and system market rose notably to $X in 2023, growing by X% against the previous year. In general, consumption, however, saw a remarkable increase. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Production of Hydraulic Cylinders And Systems in Tunisia

In value terms, hydraulic cylinder and system production totaled $X in 2023 estimated in export price. Overall, production, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Hydraulic cylinder and system production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Exports of Hydraulic Cylinders And Systems

Exports from Tunisia

In 2023, the amount of hydraulic cylinders and systems exported from Tunisia dropped sharply to X units, which is down by X% on the year before. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, hydraulic cylinder and system exports dropped to $X in 2023. In general, exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Algeria (X units), France (X units) and Ireland (X units) were the main destinations of hydraulic cylinder and system exports from Tunisia, together comprising X% of total exports.

From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Italy ($X) were the largest markets for hydraulic cylinder and system exported from Tunisia worldwide, with a combined X% share of total exports. Belgium, Algeria, Ireland, Kazakhstan, Russia, the Netherlands, Libya, Belarus, Germany and Canada lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2023, the average hydraulic cylinder and system export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Cylinders And Systems

Imports into Tunisia

In 2023, hydraulic cylinder and system imports into Tunisia contracted remarkably to X units, with a decrease of X% against 2022 figures. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X units in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, hydraulic cylinder and system imports dropped rapidly to $X in 2023. In general, imports continue to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2023, imports remained at a lower figure.

Imports by Country

Germany (X units), the United States (X units) and Turkey (X units) were the main suppliers of hydraulic cylinder and system imports to Tunisia, with a combined X% share of total imports. France, the UK, Poland, Italy, China, Belgium and Canada lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of hydraulic cylinders and systems to Tunisia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with an X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

Import Prices by Country

The average hydraulic cylinder and system import price stood at $X per unit in 2023, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Canada (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform