Germany leads the European Market with €1.2406 billion in sold production value for 2023, though it experienced a slight decline of 0.72% year-on-year. France, with €0.37656 billion, saw a slight increase of 0.71%. Italy displayed robust growth, increasing by 25.04% to reach €0.26508 billion. Spain and Austria followed with €0.18217 billion and €0.14779 billion respectively, both reflecting marginal trends of 8.24% and -0.12%. Slovakia showed a moderate decline, while the UK decreased significantly by 12.21%. Notable growth was observed in Romania and Italy. Finland and Poland reported the largest decreases in production value.
Future trends to watch include potential growth acceleration in Italy and Romania, while larger European players like Germany and the UK should aim to mitigate their declines. Innovations, regulatory shifts, and energy transition tendencies could also influence industry dynamics, potentially leading to an increased focus on sustainable and efficient technologies across the region.
Top countries in Sold Production of Fuel, Lubricants, Cooling-Medium and Concrete Pumps by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,240,600,000 | 2023 | +4.96% | -0.72% | View data |
| 2 | 2 France | 376,560,000 | 2023 | +5.83% | +0.71% | View data |
| 3 | 3 Italy | 265,080,000 | 2023 | +3.69% | +25.04% | View data |
| 4 | 4 Spain | 182,170,000 | 2023 | +8.77% | +8.24% | View data |
| 5 | 5 Austria | 147,790,000 | 2023 | +5.74% | -0.12% | View data |
| 6 | 6 Czechia | 137,690,000 | 2023 | |||
| 7 | 7 Slovakia | 109,550,000 | 2023 | +6.77% | -0.31% | View data |
| 8 | 8 Hungary | 37,750,000 | 2023 | +3.49% | -2.15% | View data |
| 9 | 9 United Kingdom | 27,485,000 | 2023 | -21.8% | -12.21% | View data |
| 10 | 10 Portugal | 17,787,000 | 2023 | +6.71% | +7.56% | View data |
