Market Trends

Market Trends Report

The National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data.

This special monthly report is generated exclusively for NFPA’s educator partners to properly monitor industry trends and supply market intelligence.

Market information questions? Contact Eric Armstrong at or 414‐778‐3372.


Hydraulic and Pneumatic Shipments

Shipments Raw Index Data, Index: 2013=100

Hydraulic and Pneumatic Shipments

This graph of raw index data is generated by the total dollar volume reported to NFPA by CSS participants and compared to the average monthly dollar volume in 2013. For example, the January 2017 total dollar volume for pneumatic shipments are 93.7% of the average monthly dollar volume in 2013. (Base Year 2013 = 100)

Pneumatic, Mobile and Industrial Hydraulic Orders Index

Data are 12/12 ratios

Pneumatic, Mobile, and Industrial Orders Indexes

Each point on this graph represents the most recent 12 months of orders compared to the previous 12 months of orders. Each point can be read as a percentage. For example, 89.5 (the December 2016 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from January 2016 to December 2016 were 89.5% of the orders received from January 2015 to December 2015. (Base Year 2013 = 100)


Total – Hydraulic and Pneumatic Shipments

Data are 12-month moving averages

Total Hydraulic and Pneumatic Shipments

This graph of 12-month moving averages shows that in January 2017, both hydraulic and pneumatic shipments increased. (Base Year 2013 = 100)


Orders and Shipments – cumulative year-to-date percent changes

Pneumatic Industrial Hydraulic Mobile Hydraulic
Shipments Orders Shipments Orders Shipments Orders
Oct 2016 -10.3 -9.8 -11.9 -11.5 -8.7 -7.2
Nov 2016 -9.6 -9.1 -10.9 -10.7 -8.4 -6.9
Dec 2016 -9.3 -8.6 -10.6 -10.5 -8.0 -6.0

The table above is expressed in terms of cumulative percent changes.  These changes refer to the percent difference between the relevant cumulative total for 2016 and the total for the same months in 2015.  For example, the December 2016 pneumatic orders figure of -8.6 means that for the calendar year through December 2016, pneumatic orders decreased 8.6% compared to the same time period in 2015.  (Base Year 2013 = 100)