In 2023, Italy led the European export market for butterfly valves with a slight year-on-year decline of 0.53%, holding the largest share. Germany, with a 2.49% increase, and France, with a robust 5.55% growth, also maintained significant shares. Strong growth was observed in Poland (6.15%), Hungary (17.93%), and Slovenia (7.71%), while Ireland experienced a remarkable 29.53% rise. Conversely, Austria, Belgium, and Slovakia faced notable declines. Over the last five years, the market has shown varied CAGR across countries.
Future trends to watch include technological advancements driving efficiency and environmental compliance, potentially altering the competitive landscape. Emerging markets within Europe showing growth spur can offer new opportunities for exporters.
Top countries in Export of Butterfly Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 24 | 2023 | +5.92% | -0.53% | View data |
| 2 | 2 Germany | 21.89 | 2023 | +17.35% | +2.49% | View data |
| 3 | 3 France | 11.37 | 2023 | +14.92% | +5.55% | View data |
| 4 | 4 Czechia | 9.12 | 2023 | |||
| 5 | 5 Spain | 8.47 | 2023 | +1.31% | +4.56% | View data |
| 6 | 6 Netherlands | 7.74 | 2023 | +3.31% | +3.25% | View data |
| 7 | 7 Poland | 3.31 | 2023 | +4.38% | +6.15% | View data |
| 8 | 8 Austria | 3.22 | 2023 | +9.14% | -4.21% | View data |
| 9 | 9 Belgium | 2.24 | 2023 | +1.99% | -5.78% | View data |
| 10 | 10 Finland | 1.45 | 2023 | +6% | +3.44% | View data |
