As of 2023, Germany dominates the European export market for fluid power equipment, holding 36.87% of the share. Italy and Hungary follow, contributing 14.64% and 10.97%, respectively. Key players also include France with 9.67%, and Czechia at 9.08%. Noteworthy growth is seen in Belgium and the Netherlands, with increases of 9.17% and 8.77% year-on-year, respectively. Over the past five years, countries like Estonia, Malta, and Luxembourg have shown impressive compound annual growth rates, indicating potential emerging players despite their smaller current shares.
Future trends to watch include the continued expansion of emerging markets like Estonia and Malta. Additionally, with technological advancements and supply chain adaptations, countries may alter their standing in this market, leading to potential shifts in regional influence.
Top countries in Export of Fluid Power Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.87 | 2023 | +3.68% | +6.68% | View data |
| 2 | 2 Italy | 14.64 | 2023 | +2.08% | -3.65% | View data |
| 3 | 3 Hungary | 10.97 | 2023 | +3.98% | +2.92% | View data |
| 4 | 4 France | 9.67 | 2023 | +4.9% | +5.35% | View data |
| 5 | 5 Czechia | 9.08 | 2023 | |||
| 6 | 6 Bulgaria | 5.48 | 2023 | +2.54% | -0.74% | View data |
| 7 | 7 Romania | 3.95 | 2023 | +2.52% | -2.25% | View data |
| 8 | 8 Spain | 2.08 | 2023 | +5.69% | -1.17% | View data |
| 9 | 9 Belgium | 2.02 | 2023 | +14.06% | +9.17% | View data |
| 10 | 10 Netherlands | 1.2 | 2023 | +0.92% | +8.77% | View data |
