The import of hydraulic gear pumps to France showed significant fluctuations over the past decade. From 2013 to 2016, there was a general decline in imports, followed by a resurgence in 2017 and peaking in 2018. A sharp drop occurred in 2020, aligning with global disruptions, but the market rebounded in 2021. In 2023, the import volume stood at 270.62 thousand items, indicating an 11.72% increase from 2022. The last two years saw significant volatility with a 24.8% decrease in 2022 followed by a recovery in 2023. The five-year CAGR as of 2023 was -4.28%.
Future forecasts indicate a steady growth, with a projected 5-year CAGR of 1.63%, suggesting a stable market recovery. Key trends to watch include technological advancements in hydraulic systems, shifts in manufacturing locations, and possible trade policy changes impacting supply chains and import volumes.
