In 2023, the import of valves for the control of oleohydraulic power transmission to Germany stood at 16.1 million kilograms. Forecasted data from 2024 to 2028 shows a steady year-on-year growth in volume: 2.08% in 2025, 2.01% in 2026, 1.95% in 2027, and 1.89% in 2028. This indicates a compound annual growth rate (CAGR) of approximately 2% over the five-year period.
Future trends to watch for include:
- Technological advancements in valve manufacturing that could drive efficiency and increase import volumes.
- Potential impacts of regulatory changes on the oleohydraulic sector affecting import demand.
- Shifts in global supply chains that could influence the sourcing strategies of German companies.
