In 2023, Italy led the European market with a sold production value of 290.16 million euros for positive displacement rotary gear pumps, followed by Germany at 158.11 million euros. Denmark and the UK trailed with values of 22.195 and 20.006 million euros, respectively. Smaller markets like Croatia, Hungary, and Czechia collectively contributed less than 1 million euros. Year-on-year variation in 2023 showed Germany leading growth with 5.28%, while Hungary experienced a significant increase of 27.67%. Italy and Denmark also experienced healthy growth rates of 2.26% and 3.49%, respectively. However, Croatia showed a negative trend with a -0.51% variation.
Future trends to watch include technological advancements and sustainability-focused innovations expected to drive market developments. The anticipated growth in various industrial applications in Europe is likely to support increased demand for rotary gear pumps, potentially enhancing production and export opportunities from leading countries like Italy and Germany. Monitoring economic conditions and regulatory changes will be crucial in understanding and forecasting further trends in the European market.
Top countries in Sold Production of Positive Displacement Rotary Gear Pumps by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 290,160,000 | 2023 | +7.6% | +2.26% | View data |
| 2 | 2 Germany | 158,110,000 | 2023 | +4.55% | +5.28% | View data |
| 3 | 3 Denmark | 22,195,000 | 2023 | +8.76% | +3.49% | View data |
| 4 | 4 United Kingdom | 20,006,000 | 2023 | +0.84% | +1% | View data |
| 5 | 5 Spain | 4,778,700 | 2023 | +1.73% | +1.85% | View data |
| 6 | 6 Czechia | 419,580 | 2023 | |||
| 7 | 7 Croatia | 124,240 | 2023 | -0.69% | -0.51% | View data |
| 8 | 8 Hungary | 14,580 | 2023 | +5.41% | +27.67% | View data |
