In 2023, Italy led European exports in the pump categories with significant growth, attributed to a 43.52% year-on-year increase, totaling 178.05 thousand items. Despite a market downturn, Germany followed with 74.34 thousand items, showing a modest decline of 5.54%. Hungary decreased by 15.3% year-on-year, while the United Kingdom saw a drastic 100% drop. Smaller countries like Poland, the Netherlands, and France reported positive growth, with Poland achieving a notable 28.1% increase. Greece and Bulgaria experienced significant upward momentum at 58.49% and 55.83%, respectively. Conversely, Romania, Latvia, and Ireland faced declines, highlighting diverse dynamics across the region.
Looking ahead, Europe's pump export market is likely to face evolving technological advancements, sustainability demands, and regional economic shifts. Key trends include digitalization, energy-efficient design, and industrial automation. Watch for Italy's continued dominance and Germany's strategic adjustments to regain growth. Emerging economies may seize growth opportunities due to their increased emphasis on infrastructure and manufacturing expansion.
Top countries in Export of Centrifugal Pumps, Channel Impeller Pumps, Side Channel Pumps, Peripheral Pumps and Regenerative Pumps by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 178,050 | 2023 | +242.47% | +43.52% | View data |
| 2 | 2 Germany | 74,340 | 2023 | -21.29% | -5.54% | View data |
| 3 | 3 Hungary | 41,170 | 2023 | +2.63% | -15.3% | View data |
| 4 | 4 United Kingdom | 29,220 | 2023 | -37.25% | View data | |
| 5 | 5 Netherlands | 13,010 | 2023 | +4.65% | +18.62% | View data |
| 6 | 6 Poland | 11,020 | 2023 | +2.71% | +28.1% | View data |
| 7 | 7 France | 8,600 | 2023 | -2.64% | +19.38% | View data |
| 8 | 8 Spain | 2,640 | 2023 | +46.88% | -8.13% | View data |
| 9 | 9 Austria | 1,550 | 2023 | +2.18% | +9.8% | View data |
| 10 | 10 Czechia | 1,060 | 2023 |