In 2023, Germany led the European export market for hydraulic vane pumps, with a significant year-on-year growth of 5.98%. The Netherlands showed the highest growth rate at 48.26%, while Denmark experienced a complete cessation of exports. Notable declines were seen in Hungary (-22.12%) and Sweden (-39.93%). Smaller markets like Latvia, Lithuania, and Bulgaria saw positive growth with variations of 1.16%, 17.96%, and 16.31% respectively.
Looking forward, the European export market for hydraulic vane pumps is expected to see continued growth driven by technological advancements and increased demand from emerging markets. Particular attention should be given to countries with high growth potential like the Netherlands and Finland. However, exporters must also monitor potential economic volatility and regulatory changes that could impact trade dynamics.
Top countries in Export of Hydraulic Vane Pumps by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,023,600 | 2023 | +1.28% | +5.98% | View data |
| 2 | 2 Czechia | 807,380 | 2023 | |||
| 3 | 3 Romania | 350,220 | 2023 | +1.6% | -4.83% | View data |
| 4 | 4 France | 122,290 | 2023 | +2.63% | -1.25% | View data |
| 5 | 5 Slovakia | 111,120 | 2023 | +6.79% | +2.12% | View data |
| 6 | 6 Netherlands | 97,110 | 2023 | +35.4% | +48.26% | View data |
| 7 | 7 Belgium | 76,280 | 2023 | +11.03% | +0.088% | View data |
| 8 | 8 Spain | 62,090 | 2023 | +6640% | View data | |
| 9 | 9 Italy | 38,860 | 2023 | -15.5% | View data | |
| 10 | 10 Hungary | 15,310 | 2023 | -4.47% | -22.12% | View data |
