In 2023, Germany led European imports of valves for oleohydraulic power transmission with a 20.24% market share, followed by France at 15.11% and Italy at 11.33%. Notable growth was seen in the Netherlands and Romania with double-digit gains, while Sweden and Slovakia experienced declines. Smaller nations like Cyprus and Malta also registered significant increases.
Future trends to watch include continued growth potential in smaller Eastern European markets and technological advancements affecting valve performance and demand. Additionally, environmental regulations could influence future import patterns, favoring countries that adapt swiftly to these changes.
Top countries in Import of Valves for the Control of Oleohydraulic Power Transmission Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 20.24 | 2023 | +5.78% | +0.98% | View data |
| 2 | 2 France | 15.11 | 2023 | +4.58% | +0.67% | View data |
| 3 | 3 Italy | 11.33 | 2023 | +4.03% | +4.83% | View data |
| 4 | 4 United Kingdom | 9.57 | 2023 | +2.18% | +2.33% | View data |
| 5 | 5 Spain | 7.89 | 2023 | +12.43% | +7.7% | View data |
| 6 | 6 Austria | 6.05 | 2023 | +6.12% | +1.56% | View data |
| 7 | 7 Netherlands | 4.76 | 2023 | +11.17% | +14.24% | View data |
| 8 | 8 Belgium | 3.83 | 2023 | +5.6% | +0.66% | View data |
| 9 | 9 Czechia | 3.8 | 2023 | |||
| 10 | 10 Finland | 3.63 | 2023 | +5.91% | +0.19% | View data |
