In 2023, France was the leading European importer of hydraulic brake fluids and other prepared liquids for hydraulic transmission, despite a 14.22% decline in imports. Luxembourg, Germany, and Belgium followed, with import increases of 9.94%, 5.26%, and 9.9%, respectively. Most other countries showed minor year-on-year variations, with noteworthy declines in Greece (-11.53%) and Malta (-10.5%). Over five years, the compound annual growth rate (CAGR) reveals a mixed trend of modest increases, stabilized imports, or slight declines across Europe, highlighting varied demand elasticity and market maturity.
Future trends to watch include the impact of technological advancements in hydraulic systems on demand, potential shifts caused by sustainable and eco-friendly initiatives, and economic factors that could influence import volumes, such as fluctuating exchange rates and trade policies.
Top countries in Import of Hydraulic Brake Fluids and Other Prepared Liquids for Hydraulic Transmission by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 123,070,000 | 2023 | +18.03% | -14.22% | View data |
| 2 | 2 Luxembourg | 41,142,000 | 2023 | +12.2% | +9.94% | View data |
| 3 | 3 Germany | 18,262,000 | 2023 | +4.49% | +5.26% | View data |
| 4 | 4 Belgium | 14,137,000 | 2023 | +2.6% | +9.9% | View data |
| 5 | 5 United Kingdom | 10,326,000 | 2023 | +0.68% | +1.97% | View data |
| 6 | 6 Italy | 8,324,800 | 2023 | +8.4% | +2.74% | View data |
| 7 | 7 Netherlands | 6,274,700 | 2023 | +0.51% | -0.73% | View data |
| 8 | 8 Spain | 6,069,400 | 2023 | +1.55% | -0.62% | View data |
| 9 | 9 Poland | 5,876,600 | 2023 | +1.23% | -3% | View data |
| 10 | 10 Czechia | 4,832,700 | 2023 |
