In 2023, Italy dominated European sold production of ball and plug valves with 93.85M kg, growing by 2.59% year-on-year. Germany followed at 30.32M kg, showing a slight decrease of 0.52%. Spain produced 9.96M kg with minimal growth of 0.012%. Poland increased its output to 4.57M kg, marking a 3.83% growth. Denmark and France saw slight positive variations at 0.63% and 2.24%, respectively. The UK declined by 3.26% to 1.59M kg. Despite positive growth in Hungary, it remains small at 0.58M kg. Czechia's contribution is negligible.
Future trends indicate potential growth in Eastern Europe, with Hungary and Poland showing positive trends. Sustainability, innovation, and supply chain efficiency will be crucial for maintaining competitiveness.
Top countries in Sold Production of Ball and Plug Valves by Country
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 93,850,000 | 2023 | +1.83% | +2.59% | View data |
| 2 | 2 Germany | 30,319,000 | 2023 | +1.57% | -0.52% | View data |
| 3 | 3 Spain | 9,959,000 | 2023 | +7.8% | +0.012% | View data |
| 4 | 4 Poland | 4,574,000 | 2023 | +2.03% | +3.83% | View data |
| 5 | 5 Denmark | 3,127,200 | 2023 | +11.29% | +0.63% | View data |
| 6 | 6 France | 2,916,300 | 2023 | +9.01% | +2.24% | View data |
| 7 | 7 United Kingdom | 1,592,300 | 2023 | -8.77% | -3.26% | View data |
| 8 | 8 Hungary | 575,540 | 2023 | +1.61% | +0.84% | View data |
| 9 | 9 Czechia | 117,590 | 2023 |