In 2023, Brazil led global exports of hydraulic turbines and water wheels exceeding 10,000 kW in share by volume, holding a significant 35.75% share, despite a slight decline. China and Germany followed with 18.34% and 17.27% shares, respectively. Notably, Russia registered a massive increase of 495.74% year-on-year, although from a low base, indicating significant emerging potential. Conversely, the UK, Netherlands, and France experienced declines, with the UK being the largest at 44.64%. Germany's positive trend and India's sustained growth are notable, registering a 2.16% and 4.72% increase respectively in the same year.
Looking forward, emerging markets like India and continued advancements or shifts in energy policy in Russia present potential for increased export shares. However, cautious watch on economic stability, technological advancements, and geopolitical factors are crucial as they may impact these trends. South American markets, notably Brazil, will need to maintain leadership despite minor recent declines, while European nations like Germany seem poised to consolidate or improve their positions.
Top countries in Export of Hydraulic Turbines and Water Wheels of a Power Exceeding 10000 kW Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 35.75 | 2023 | -0.56% | -0.45% | View data |
| 2 | 2 China | 18.34 | 2023 | +2.22% | -1.54% | View data |
| 3 | 3 Germany | 17.27 | 2023 | -1.18% | +2.16% | View data |
| 4 | 4 India | 6.07 | 2023 | +3.58% | +4.72% | View data |
| 5 | 5 France | 5.67 | 2023 | +1.63% | -3.19% | View data |
| 6 | 6 Italy | 5.58 | 2023 | -0.48% | -1.78% | View data |
| 7 | 7 Czech Republic | 4.83 | 2023 | +2.54% | +3.19% | View data |
| 8 | 8 Sweden | 1.31 | 2023 | +2.54% | +4.5% | View data |
| 9 | 9 Russia | 0.74 | 2023 | -23.01% | +495.74% | View data |
| 10 | 10 Poland | 0.14 | 2023 | +6.27% | +1.03% | View data |
