In 2023, Hungary led European exports of hydraulic radial piston pumps with an export volume of 1.6989 million items, reflecting a modest year-on-year increase of 3.54%. Italy followed with 1.2732 million items and a significant increase of 13.78%. Notably, Estonia experienced a sharp growth of 71.83%, albeit from a smaller base. While Poland and Denmark also showed robust improvements at 22.49% and 13.81%, France and Romania witnessed declines of 19.44% and 31.72% respectively. Despite fluctuations, the overall trend appears stable with some countries demonstrating strong growth prospects in the European market.
Future trends to watch include potential accelerations in countries like Poland, Estonia, and Hungary, which are poised for continued growth. Conversely, declining exports in countries like France and Romania may require strategic intervention to regain market share. Technological advancements, increased global demand, and EU economic policies are likely to influence these trends.
Top countries in Export of Hydraulic Radial Piston Pumps by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 1,698,900 | 2023 | +4.11% | +3.54% | View data |
| 2 | 2 Italy | 1,273,200 | 2023 | +8.59% | +13.78% | View data |
| 3 | 3 Slovakia | 91,550 | 2023 | +3.78% | +1.88% | View data |
| 4 | 4 Sweden | 86,550 | 2023 | +1.92% | +9.89% | View data |
| 5 | 5 Belgium | 71,520 | 2023 | +3.64% | +7.94% | View data |
| 6 | 6 France | 60,020 | 2023 | -1.97% | -19.44% | View data |
| 7 | 7 Poland | 37,070 | 2023 | +5.83% | +22.49% | View data |
| 8 | 8 Bulgaria | 23,740 | 2023 | +3.81% | +1.14% | View data |
| 9 | 9 Czechia | 19,070 | 2022 | |||
| 10 | 10 Spain | 15,090 | 2023 | -3.31% | -2.64% | View data |
