Italy leads Europe's export of valves for oleohydraulic power transmission with a 70.88 million kg, followed by Germany and Czechia. In 2023, growth varied significantly, Italy showcased a 7.13% increase while Belgium and other markets like Estonia and Croatia experienced declines. Emerging exporters like the Netherlands and Hungary posted robust growth above 11% in 2023, with notable declines in countries like Poland and Estonia.
Looking forward to 2024, key trends include digitalization and automation, the influence of green technologies on oleohydraulic systems, and potential shifts in global supply chain dynamics affecting demand and competitiveness of European exports in the sector.
Top countries in Export of Valves for the Control of Oleohydraulic Power Transmission by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 70,880,000 | 2023 | -5.85% | +7.13% | View data |
| 2 | 2 Germany | 48,447,000 | 2023 | -1.11% | +2.36% | View data |
| 3 | 3 Czechia | 45,220,000 | 2023 | |||
| 4 | 4 Denmark | 7,485,000 | 2023 | +0.78% | +3.2% | View data |
| 5 | 5 France | 5,828,400 | 2023 | +211.31% | +0.64% | View data |
| 6 | 6 Sweden | 3,627,600 | 2023 | +7.09% | +1.2% | View data |
| 7 | 7 Belgium | 2,316,200 | 2023 | +3.75% | -4.47% | View data |
| 8 | 8 Bulgaria | 1,783,700 | 2023 | +3.81% | +4.97% | View data |
| 9 | 9 Spain | 1,619,500 | 2023 | +5.59% | +1.61% | View data |
| 10 | 10 Austria | 1,333,500 | 2023 | +4.29% | +1.27% | View data |
