In 2023, Hungary led in European centrifugal pump exports with a 32.03% share, followed by the Netherlands at 22.33% and Germany at 13.49%. Spain and Italy were also key players with 11.91% and 8.81% respectively. Noteworthy growth was observed in Poland (28.28%) and Sweden (20.24%) against declining trends in Italy (-7.38%) and France (-19.82%). While many smaller markets like Luxembourg and Slovenia saw positive changes, Malta ceased all exports. The last two years show varied trends, with the notable overall growth in Eastern Europe.
Future trends to watch include:
- Continued Eastern European growth could shift market dynamics.
- Potential declines in traditional markets like Italy and France.
- Technological advancements might influence production and export capabilities.
- Environmental regulations could also alter the competitive landscape.
Top countries in Export of Centrifugal Pumps with a Discharge Outlet Diameter More than 15 mm, Multi-Stage Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 32.03 | 2023 | +4.73% | +11.74% | View data |
| 2 | 2 Netherlands | 22.33 | 2023 | +6.49% | +7.39% | View data |
| 3 | 3 Germany | 13.49 | 2023 | -2.82% | -0.19% | View data |
| 4 | 4 Spain | 11.91 | 2023 | +3.68% | +5.55% | View data |
| 5 | 5 Italy | 8.81 | 2023 | -3.63% | -7.38% | View data |
| 6 | 6 France | 4.43 | 2023 | -30.73% | -19.82% | View data |
| 7 | 7 United Kingdom | 1.98 | 2023 | -1.3% | +2.82% | View data |
| 8 | 8 Sweden | 0.57 | 2023 | +14.94% | +20.24% | View data |
| 9 | 9 Poland | 0.39 | 2023 | +4.02% | +28.28% | View data |
| 10 | 10 Belgium | 0.23 | 2023 | +10.01% | +6.82% | View data |
