In 2023, Germany led the European import market for fluid power equipment in kilograms, commanding a 30.74% share, followed by France and Italy with 12.1% and 8.76% respectively. Notable year-on-year variations include substantial growth in Spain (6.73%), Slovenia (7.15%), and Greece (21.71%), while Sweden and Denmark experienced slight declines at -2.09% and -0.73%. Over the past five years, there has been a diverse fluctuation in imports, underscored by rapid growth in certain smaller markets like Malta (18.16%).
Looking forward, key future trends in the European import of fluid power equipment include:
- Continued growth potential in emerging markets like Greece and Malta.
- A shift towards more sustainable and efficient equipment driven by environmental regulations.
- Potential volatility in leading markets like Germany and the UK due to geopolitical and economic factors.
- Advancements in technology fostering innovation and increased demand for sophisticated fluid power systems.
Top countries in Import of Fluid Power Equipment Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.74 | 2023 | +7.83% | +1.04% | View data |
| 2 | 2 France | 12.1 | 2023 | +2.54% | +1.14% | View data |
| 3 | 3 Italy | 8.76 | 2023 | +4.58% | +5.16% | View data |
| 4 | 4 Spain | 7.17 | 2023 | +14.31% | +6.73% | View data |
| 5 | 5 United Kingdom | 7.16 | 2023 | +1.65% | +1.5% | View data |
| 6 | 6 Belgium | 5.43 | 2023 | +7.86% | +1.33% | View data |
| 7 | 7 Czechia | 4.66 | 2023 | |||
| 8 | 8 Austria | 4.49 | 2023 | +8.02% | +1.61% | View data |
| 9 | 9 Netherlands | 3.73 | 2023 | +9.19% | +11.89% | View data |
| 10 | 10 Poland | 2.68 | 2023 | +3.01% | +3.15% | View data |
