In 2023, Germany led European exports of hydraulic and pneumatic valves by volume, contributing to 29.48% of total exports despite a slight decline. Czechia and Italy followed, maintaining substantial shares. Smaller markets like the Netherlands and Bulgaria saw substantial growth while traditional markets like the UK and Spain experienced declines. Poland, in particular, faced a significant reduction of 4.37%. Over a five-year period, the compound annual growth rate (CAGR) highlighted Austria and Finland as emerging players with notable upward trends.
Future trends to monitor include:
- The growth in countries like Portugal, driven by double-digit increases, suggests expanding markets.
- The shift toward sustainable manufacturing may influence valve production and export strategies.
- The impact of evolving geopolitical factors on EU trade agreements and market accessibility.
Top countries in Export of Hydraulic and Pneumatic Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.48 | 2023 | +5.1% | -0.22% | View data |
| 2 | 2 Czechia | 23.65 | 2023 | |||
| 3 | 3 Italy | 18.77 | 2023 | +6.02% | +1.2% | View data |
| 4 | 4 Denmark | 4.88 | 2023 | +5.4% | +2.28% | View data |
| 5 | 5 France | 3.68 | 2023 | +9.72% | +1.13% | View data |
| 6 | 6 Hungary | 3.46 | 2023 | +4.63% | +3.49% | View data |
| 7 | 7 United Kingdom | 2.59 | 2023 | -1.88% | -1.69% | View data |
| 8 | 8 Spain | 2.21 | 2023 | +0.45% | -0.82% | View data |
| 9 | 9 Sweden | 2.12 | 2023 | +5.39% | +1.1% | View data |
| 10 | 10 Belgium | 1.74 | 2023 | +2.2% | -5.29% | View data |
