The latest data published by the National Fluid Power Association shows industry shipments of fluid power products for May 2021 increased 32.7% when compared to May 2020, and but decreased 4.6% when compared to last month. Mobile hydraulic, industrial hydraulic and pneumatic shipments all jumped in between 20% and 35% in May 2021 when compared to May 2020, when indexes were dropping due to the onset of the COVID-19 crisis. May 2021 shipment indexes have all slightly decreased from the April 2021 levels.
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.