Italy dominates the European export market for ball and plug valves, holding 54.23% of the share in kilograms in 2023, with a modest growth rate of 0.83%. Germany, the second-largest exporter at 18.92%, faces a decline of -0.71%. Belgium shows significant growth at 30.66%, while Poland and Finland also experience positive trends at 3.26% and 4.57%, respectively. Notable increases from smaller markets such as Bulgaria (17.42%) and Lithuania (14.52%) suggest shifting dynamics. Conversely, the Netherlands remains stagnant, and countries like Malta face declines.
Future trends to watch include continued dominance by Italy, with Belgium potentially increasing its market share. Growth in smaller markets like Bulgaria and Lithuania could diversify export dynamics, and sustainability practices may influence production and demand patterns across Europe.
Top countries in Export of Ball and Plug Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 54.23 | 2023 | +19.71% | +0.83% | View data |
| 2 | 2 Germany | 18.92 | 2023 | +1.67% | -0.71% | View data |
| 3 | 3 Spain | 5.63 | 2023 | +1.44% | -2.14% | View data |
| 4 | 4 Czechia | 4.67 | 2023 | |||
| 5 | 5 Poland | 3.93 | 2023 | +2.45% | +3.26% | View data |
| 6 | 6 Belgium | 2.48 | 2023 | +2.59% | +30.66% | View data |
| 7 | 7 Finland | 1.75 | 2023 | +9.89% | +4.57% | View data |
| 8 | 8 Denmark | 1.44 | 2023 | +9.23% | -5.45% | View data |
| 9 | 9 Austria | 1.25 | 2023 | +1.81% | +4.39% | View data |
| 10 | 10 France | 1.23 | 2022 | -100% | -100% | View data |
