The European export of fluid power equipment showcases significant contributions from Germany, Czechia, and Italy, with Germany leading. Year-on-year, notable growth was observed in the Netherlands and Portugal, while Belgium and Poland experienced declines. On a longer-term perspective, countries like Finland and Slovakia show rising trends, while traditional exporters like Germany and the UK noted mild declines or stagnation. These trends highlight shifts in market competitiveness and emerging players. The Compound Annual Growth Rate (CAGR) over the last five years suggests broader growth trends in emerging markets.
Future trends to watch include potential impacts of technological innovations, sustainability initiatives, and geopolitical developments on Europe's fluid power equipment trade. Rising markets like Hungary and Slovenia may continue to expand their roles in this sector, while established players might focus on consolidating their positions amid evolving market dynamics.
Top countries in Export of Fluid Power Equipment by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 57,422,000 | 2023 | +5.1% | -0.22% | View data |
| 2 | 2 Czechia | 46,062,000 | 2023 | |||
| 3 | 3 Italy | 36,565,000 | 2023 | +6.02% | +1.2% | View data |
| 4 | 4 Denmark | 9,506,100 | 2023 | +5.4% | +2.28% | View data |
| 5 | 5 France | 7,174,200 | 2023 | +9.72% | +1.13% | View data |
| 6 | 6 Hungary | 6,747,400 | 2023 | +4.63% | +3.49% | View data |
| 7 | 7 United Kingdom | 5,052,500 | 2023 | -1.88% | -1.69% | View data |
| 8 | 8 Spain | 4,309,600 | 2023 | +0.45% | -0.82% | View data |
| 9 | 9 Sweden | 4,129,300 | 2023 | +5.39% | +1.1% | View data |
| 10 | 10 Belgium | 3,391,400 | 2023 | +2.2% | -5.29% | View data |
