In 2023, China's dominance in the centrifugal pump export market was evident with a substantial export value, followed by Germany and the United States. Among the top exporters, countries like Serbia and Brazil showed notable year-on-year growth in their exports, while countries like Norway and Japan experienced declines. Emerging markets such as Uganda and Fiji recorded exceptionally high growth rates, despite their lower absolute export values.
As we look to the future, trends to watch include China's continued investment in production capabilities, Germany and the United States focusing on high-tech pump segments, and emerging markets increasingly contributing to global supply due to local manufacturing enhancements and strategic trade policies.
Top countries in Export of Centrifugal Pumps by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 3,200,200,000 | 2023 | +3.81% | +3.74% | View data |
| 2 | 2 Germany | 1,945,300,000 | 2023 | +0.51% | +0.31% | View data |
| 3 | 3 United States | 1,411,400,000 | 2023 | +1.07% | +1.61% | View data |
| 4 | 4 Italy | 1,117,100,000 | 2023 | +2.26% | +2.12% | View data |
| 5 | 5 France | 989,880,000 | 2023 | +0.97% | +1.54% | View data |
| 6 | 6 Netherlands | 828,900,000 | 2023 | +5.05% | +1.4% | View data |
| 7 | 7 Japan | 578,700,000 | 2023 | -1.58% | -2.05% | View data |
| 8 | 8 Mexico | 502,330,000 | 2023 | +3.05% | +2.85% | View data |
| 9 | 9 Hungary | 413,480,000 | 2023 | +1.93% | +1.87% | View data |
| 10 | 10 United Kingdom | 381,360,000 | 2023 | -1.07% | -0.8% | View data |
