New Industry Trend Data Released

As many of you may know, the National Fluid Power Association (NFPA) is the leading source of hydraulic and pneumatic industry data. Members get and use our data in a variety of ways to run their businesses. Part of our market information services is providing overall industry trends. Here is the latest update:

Hydraulic and Pneumatic Shipments

Hydraulic and Pneumatic Shipment Industry Trends

[Click Graph to Enlarge] 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 August 2017 total dollar volume for pneumatic shipments are 110.0% of the average monthly dollar volume in 2013. (Base Year 2013 = 100)

Pneumatic, Mobile and Industrial Hydraulic Orders Index

Pneumatic, Mobile, and Industrial Orders Index Industry Trends

[Click Graph to Enlarge] 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, 102.4 (the July 2017 level of the industrial hydraulic series) indicates that industrial hydraulic orders received from August 2016 to July 2017 were 102.4% of the orders received from August 2015 to July 2016. (Base Year 2013 = 100)

Total Hydraulic and Pneumatic Shipments

Total Hydraulic and Pneumatic Shipment Industry Trends

[Click Graph to Enlarge] This graph of 12-month moving averages shows that in August 2017, both hydraulic and pneumatic shipments increased. (Base Year 2013 = 100)

Shipments – Cumulative year-to-date % change (2017 vs. 2016)

Shipments – Cumulative year‐to‐date % change (2017 vs. 2016) Industry Trends

[Click Table to Enlarge] The table above is expressed in terms of cumulative percent changes. These changes refer to the percent difference between the relevant cumulative total for 2017 and the total for the same months in 2016. For example, July 2017 pneumatic shipments figure of 11.1 means that for the calendar year through July 2017, pneumatic shipments increased 11.1% compared to the same time period in 2016. (Base Year 2013 = 100)

Fluid Power Industry Growth Trend

The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for August 2017 increased 17.8% compared to August 2016, and increased 16.3% when compared to last month. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased in August 2017 when compared to August 2016. Mobile hydraulic, industrial hydraulic, and pneumatic shipments increased, when compared to last month. These charts are drawn from data collected from the more than 85 manufacturers of fluid power products in 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.

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