In 2023, Germany led European sold production of pump parts, followed by Denmark and Italy. Countries like Norway and Spain witnessed significant year-on-year growth with 6.35% and 5.84%, respectively, indicating robust performance. Meanwhile, nations like Italy and France experienced declines at -2.22% and -2.37%. Notable growth was also seen in Poland (5.39%) and Hungary (15.33%). With a steady CAGR, Germany remains the top performer over five years, while emerging markets like Estonia show exceptional single-year growth of 25.17%.
Looking ahead, European production of pump parts may be influenced by technological advancements and sustainability initiatives. Countries that invest in innovation and adaptation to green infrastructure will likely lead the market. Additionally, geopolitical factors and economic conditions could affect supply chains and production capabilities across the region.
Top countries in Sold Production of Pumps Parts by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,242,000,000 | 2023 | +1.08% | +1.06% | View data |
| 2 | 2 Denmark | 769,530,000 | 2023 | +2.48% | -0.85% | View data |
| 3 | 3 Italy | 437,960,000 | 2023 | +8.52% | -2.22% | View data |
| 4 | 4 Netherlands | 339,500,000 | 2023 | +1.96% | +3.21% | View data |
| 5 | 5 United Kingdom | 313,660,000 | 2023 | -0.29% | -0.34% | View data |
| 6 | 6 Austria | 244,390,000 | 2023 | +11.74% | +3.78% | View data |
| 7 | 7 Czechia | 154,420,000 | 2023 | |||
| 8 | 8 France | 131,450,000 | 2023 | -1.05% | -2.37% | View data |
| 9 | 9 Spain | 130,480,000 | 2023 | +2.41% | +5.84% | View data |
| 10 | 10 Norway | 89,310,000 | 2023 | +0.7% | +6.35% | View data |
