In 2023, Germany led the European market for parts of pumps and liquid elevators with a significant share, exhibiting a slight growth of 1.06%. Denmark, the second-largest producer, experienced a decrease of 0.85%. Noteworthy growth was observed in Hungary with an impressive increase of 15.33%, while notable declines included France at -2.37% and Italy at -2.22%. Other countries like Spain and Poland posted substantial gains of 5.84% and 5.39% respectively, while Estonia recorded the highest growth rate at 25.17%, albeit from a low base.
Future trends to watch for include potential market adaptations driven by technological advancements and environmental regulations impacting production. The focus on sustainable and efficient systems might alter production dynamics and favor countries that can adapt to these changes. Emerging markets could see increased investment, leading to shifts in their production share. Additionally, geopolitical shifts and economic policies in the region could further influence the production landscape.
Top countries in Sold Production of Parts of Pumps for Liquids and for Liquid Elevators Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.53 | 2023 | +1.08% | +1.06% | View data |
| 2 | 2 Denmark | 18.29 | 2023 | +2.48% | -0.85% | View data |
| 3 | 3 Italy | 10.41 | 2023 | +8.52% | -2.22% | View data |
| 4 | 4 Netherlands | 8.07 | 2023 | +1.96% | +3.21% | View data |
| 5 | 5 United Kingdom | 7.46 | 2023 | -0.29% | -0.34% | View data |
| 6 | 6 Austria | 5.81 | 2023 | +11.74% | +3.78% | View data |
| 7 | 7 Czechia | 3.67 | 2023 | |||
| 8 | 8 France | 3.12 | 2023 | -1.05% | -2.37% | View data |
| 9 | 9 Spain | 3.06 | 2023 | +2.41% | +5.84% | View data |
| 10 | 10 Norway | 2.12 | 2023 | +0.7% | +6.35% | View data |
