In 2023, Italy dominated the European market for sold production of ball and plug valves, with a share of 62.52%, followed by Germany at 24.1%. Spain, France, and the United Kingdom accounted for smaller shares of 7.57%, 3.92%, and 3.44% respectively. Countries like Poland and Denmark showed notable growth, with Poland experiencing a significant increase of 7.48% year-on-year, while both Spain and Finland registered moderate growth rates. In contrast, Germany had a slight decline of 0.55%, and France decreased by 1.63%.
Future trends to watch include:
- The potential impact of trade policies and economic conditions on cross-border valve production and export.
- The influence of technological advancements in manufacturing and materials on production efficiency.
- Shifts in demand for valves in sectors such as energy and industrial manufacturing across Europe.
Top countries in Sold Production of Ball and Plug Valves Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62.52 | 2023 | +2.47% | +4.93% | View data |
| 2 | 2 Germany | 24.1 | 2023 | +0.19% | -0.55% | View data |
| 3 | 3 Spain | 7.57 | 2023 | +6.05% | +2.48% | View data |
| 4 | 4 France | 3.92 | 2023 | -0.2% | -1.63% | View data |
| 5 | 5 United Kingdom | 3.44 | 2023 | -2.42% | +0.12% | View data |
| 6 | 6 Poland | 2.7 | 2023 | +3.11% | +7.48% | View data |
| 7 | 7 Finland | 1.98 | 2023 | +5.28% | +2.93% | View data |
| 8 | 8 Denmark | 1.79 | 2023 | +5.33% | +3.29% | View data |
| 9 | 9 Hungary | 0.38 | 2023 | +2.1% | +1% | View data |
| 10 | 10 Czechia | 0.12 | 2023 |
