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Hydraulic and Pneumatic Shipments
Pneumatic, Mobile and Industrial Hydraulic Orders 12/12 Ratio
Total – Hydraulic and Pneumatic Shipments 12 Month Moving Average
Shipments – Cumulative year-to-date % change (2022 vs. 2021)
Fluid Power Industry Growth Trend
The latest data published by the National Fluid Power Association shows the 12 month moving average of shipments for pneumatic, hydraulic, and total fluid power continue to grow. These averages have been growing at a steady rate since February 2021, but now appear to be slowing in growth rate. The year-to-date % change for total fluid power shipments in April 2022 is 13.6%. Mobile hydraulic orders received from May 2021 to April 2022 are currently 129.2% of the orders received from May 2020 to April 2021. When looking at raw index data, pneumatic, mobile hydraulic, and industrial hydraulic shipments all decreased when compared to last month. These charts are drawn from data collected from more than 80 manufacturers of fluid power products by NFPA’s Confidential Shipment Statistics (CSS) program. Much more information is available to NFPA members, which allows them to better understand trends and anticipate change in their market and the customer markets they serve. Contact NFPA at 414-778-3344 for more info.
The 2024 Annual Conference is right around the corner, don’t miss out on the chance to be a Bronze Sponsor! Bronze Sponsors receive in-person recognition at the conference as well as being featured on many of our most popular webpages on nfpahub.com. Until January 12th, 2024 – all Bronze Sponsorships are half price! Please reach…
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A new series of quarterly forecast updates from Oxford Economics is now available on the NFPA website at Global Industry Forecasts. These reports cover the global economy, as well as regional and country developments, and some detailed global industry forecasts. The good news! Oxford has revised their forecasts for late 2023 and 2024, reducing the…