Italy leads in European sold production of hydraulic and pneumatic valves with 66.616 million kilograms in 2023, followed closely by Germany at 63.622 million kilograms. Major year-on-year growth in 2023 was recorded in Norway at 209.75%, evidencing strong market expansion. The United Kingdom and Sweden also saw growth at 5.07% and 6.32%, respectively. Hungary and France experienced notable declines of -27.59% and -4.4%. Smaller producers such as Slovenia and Estonia saw modest increases of under 3%.
Future trends to watch:
- Focus on sustainability may drive innovation and efficiency in valve production.
- Technological advancements could increase demand for valves in automation.
- Economic shifts and geopolitical factors may influence production dynamics across countries.
Top countries in Sold Production of Hydraulic and Pneumatic Valves by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 66,616,000 | 2023 | +1.39% | +3.94% | View data |
| 2 | 2 Germany | 63,622,000 | 2023 | +4.36% | +0.097% | View data |
| 3 | 3 Norway | 14,190,000 | 2023 | +0.031% | +209.75% | View data |
| 4 | 4 Denmark | 8,623,600 | 2023 | +5.08% | +2.59% | View data |
| 5 | 5 France | 8,039,500 | 2023 | -6.54% | -4.4% | View data |
| 6 | 6 United Kingdom | 7,901,500 | 2023 | +3.75% | +5.07% | View data |
| 7 | 7 Sweden | 5,074,000 | 2023 | +3.64% | +6.32% | View data |
| 8 | 8 Spain | 1,886,000 | 2023 | +12.09% | +3.87% | View data |
| 9 | 9 Hungary | 1,537,800 | 2023 | -5.88% | -27.59% | View data |
| 10 | 10 Finland | 1,105,400 | 2021 | +213.04% | +10.5% | View data |
