| Product Code: ETC8148623 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives` external gear pump import market in 2024 saw continued diversification with top exporting countries being Sweden, Denmark, India, China, and Italy. The market remained highly competitive as indicated by the very low Herfindahl-Hirschman Index (HHI) concentration levels. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was strong at 13.93%, reflecting a steady demand for external gear pumps in Maldives. This data suggests a positive outlook for the market with opportunities for further expansion and competition among exporters.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Maldives External Gear Pump Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives External Gear Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives External Gear Pump Market - Industry Life Cycle |
3.4 Maldives External Gear Pump Market - Porter's Five Forces |
3.5 Maldives External Gear Pump Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives External Gear Pump Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Maldives External Gear Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient hydraulic systems in industries |
4.2.2 Technological advancements in external gear pump designs |
4.2.3 Growing focus on renewable energy sources in the Maldives |
4.3 Market Restraints |
4.3.1 High initial costs associated with external gear pumps |
4.3.2 Limited availability of skilled technicians for pump maintenance |
4.3.3 Impact of economic downturns on industrial investments in the Maldives |
5 Maldives External Gear Pump Market Trends |
6 Maldives External Gear Pump Market, By Types |
6.1 Maldives External Gear Pump Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives External Gear Pump Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Maldives External Gear Pump Market Revenues & Volume, By Motorless, 2021- 2031F |
6.1.4 Maldives External Gear Pump Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Maldives External Gear Pump Market Revenues & Volume, By Two Shaft, 2021- 2031F |
6.2 Maldives External Gear Pump Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Maldives External Gear Pump Market Revenues & Volume, By Construction, 2021- 2031F |
6.2.3 Maldives External Gear Pump Market Revenues & Volume, By Chemical Processing, 2021- 2031F |
6.2.4 Maldives External Gear Pump Market Revenues & Volume, By Material Handling, 2021- 2031F |
6.2.5 Maldives External Gear Pump Market Revenues & Volume, By Mining, 2021- 2031F |
6.2.6 Maldives External Gear Pump Market Revenues & Volume, By Automotive Manufacturing, 2021- 2031F |
6.2.7 Maldives External Gear Pump Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives External Gear Pump Market Import-Export Trade Statistics |
7.1 Maldives External Gear Pump Market Export to Major Countries |
7.2 Maldives External Gear Pump Market Imports from Major Countries |
8 Maldives External Gear Pump Market Key Performance Indicators |
8.1 Energy efficiency improvements in external gear pump models |
8.2 Adoption rate of external gear pumps in key industries in the Maldives |
8.3 Frequency of maintenance and downtime for external gear pump systems |
8.4 Average lifespan of external gear pumps in Maldives industries |
8.5 Investment in research and development for enhancing external gear pump performance |
9 Maldives External Gear Pump Market - Opportunity Assessment |
9.1 Maldives External Gear Pump Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives External Gear Pump Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Maldives External Gear Pump Market - Competitive Landscape |
10.1 Maldives External Gear Pump Market Revenue Share, By Companies, 2024 |
10.2 Maldives External Gear Pump Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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