In 2023, Germany led the import of globe valves of steel, despite a 1.35% decrease, capturing the largest share by volume. Denmark and Spain followed, with Denmark seeing a slight decline and Spain a minor growth of 0.47%. France experienced a notable increase of 4.36%, while the United Kingdom faced a significant drop at -7.33%. Bulgaria and Luxembourg emerged with strong growth, while Slovakia and Lithuania witnessed sharp declines.
Future trends to watch include:
- Potential recovery in the United Kingdom and other declining markets.
- Continued growth in France, driven by industrial demand.
- Shifts in supply chain dynamics affecting import volumes.
- Impact of regulatory changes and economic conditions on trade.
Top countries in Import of Globe Valves of Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.45 | 2023 | +3.36% | -1.35% | View data |
| 2 | 2 Denmark | 13.08 | 2023 | +3.38% | -0.32% | View data |
| 3 | 3 Spain | 11.32 | 2023 | +6.12% | +0.47% | View data |
| 4 | 4 Italy | 9.83 | 2023 | +5.65% | -0.71% | View data |
| 5 | 5 France | 6.12 | 2023 | +0.027% | +4.36% | View data |
| 6 | 6 United Kingdom | 5.25 | 2023 | -0.23% | -7.33% | View data |
| 7 | 7 Czechia | 4.27 | 2023 | |||
| 8 | 8 Belgium | 4.03 | 2023 | +9.13% | -0.75% | View data |
| 9 | 9 Austria | 3.91 | 2023 | +8.94% | +2.01% | View data |
| 10 | 10 Netherlands | 3.9 | 2023 | +3.24% | -2.59% | View data |
