Hydraulic Automatic Regulators Market in China
Market Overview
The Chinese hydraulic automatic regulators market stood at $
in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a resilient expansion. Hydraulic automatic regulators consumption peaked at $ in 2018; afterwards, it flattened through to .
In value terms, hydraulic automatic regulators production declined modestly to $ in estimated in export price. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. As a result, production reached the peak level of $; afterwards, it flattened through to .
in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a resilient expansion. Hydraulic automatic regulators consumption peaked at $ in 2018; afterwards, it flattened through to .In value terms, hydraulic automatic regulators production declined modestly to $
in estimated in export price. In general, production showed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by % against the previous year. As a result, production reached the peak level of $; afterwards, it flattened through to .Consumption
Hydraulic automatic regulators consumption in China totaled units in , remaining constant against . In general, consumption posted a prominent expansion. Hydraulic automatic regulators consumption peaked at units in ; however, from to , consumption remained at a lower figure.
The value of the hydraulic automatic regulators market in China amounted to $ in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong increase. Over the period under review, the market attained the maximum level at $ in 2018; afterwards, it flattened through to .
units in , remaining constant against . In general, consumption posted a prominent expansion. Hydraulic automatic regulators consumption peaked at units in ; however, from to , consumption remained at a lower figure.The value of the hydraulic automatic regulators market in China amounted to $
in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong increase. Over the period under review, the market attained the maximum level at $ in 2018; afterwards, it flattened through to .Market Forecast
Driven by increasing demand for hydraulic or pneumatic automatic regulating instruments in China, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, imports of hydraulic automatic regulators in China were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for hydraulic automatic regulators.
Trade Balance
China remains a net exporter of hydraulic automatic regulators; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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