In 2023, Germany led European imports of ball and plug valves at 18.32%, followed by France and Spain at 14.09% and 10.51%, respectively. Notable year-on-year growth was observed in Estonia at 14.71% and Lithuania at 10.8%. Conversely, the United Kingdom and Belgium saw decreases of 2.37% and 4.01%. Over a five-year period, significant compound annual growth rates (CAGR) indicate robust expansion in Lithuania and Estonia.
Future trends to watch for include potential market shifts driven by sustainability initiatives, technological advancements in valve manufacturing, and evolving trade agreements within Europe that may impact import patterns and country shares.
Top countries in Import of Ball and Plug Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.32 | 2023 | +0.96% | +1.08% | View data |
| 2 | 2 France | 14.09 | 2023 | +5.6% | +8.4% | View data |
| 3 | 3 Spain | 10.51 | 2023 | +5.24% | +10.65% | View data |
| 4 | 4 Poland | 9.59 | 2023 | +2.37% | +0.98% | View data |
| 5 | 5 United Kingdom | 5.57 | 2023 | -4.04% | -2.37% | View data |
| 6 | 6 Netherlands | 4.95 | 2023 | +3.85% | +1.71% | View data |
| 7 | 7 Belgium | 4.31 | 2023 | +3.41% | -4.01% | View data |
| 8 | 8 Italy | 4.15 | 2023 | +0.93% | +2.39% | View data |
| 9 | 9 Denmark | 3.52 | 2023 | +3.51% | +0.15% | View data |
| 10 | 10 Romania | 3.46 | 2023 | +3.14% | +4.16% | View data |
