In 2023, Germany led European imports of single-stage turbo-compressors with 18.31% market share, followed by France at 14.96%. Significant growth was observed in Slovakia and Malta, with increases of 41.62% and 50.73%, respectively. Conversely, Greece and Croatia faced declines of 8.4% and 4.77%. Over the last five years, the region saw a compound annual growth rate (CAGR) marked by variations, including Belgium (10.98% growth) and Poland (-5.37% decrease).
Looking forward, watch for technological advancements and policy impacts on energy efficiency. Emerging markets, including Slovakia, are expected to continue leading growth in imports. Additionally, Brexit effects may alter United Kingdom's import dynamics in the turbo-compressor market.
Top countries in Import of Single Stage Turbo-Compressors Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.31 | 2023 | +6.46% | +1.59% | View data |
| 2 | 2 France | 14.96 | 2023 | +10.32% | +2.13% | View data |
| 3 | 3 Hungary | 11.63 | 2023 | +3.94% | +5.26% | View data |
| 4 | 4 United Kingdom | 10.34 | 2023 | +3.33% | +4.81% | View data |
| 5 | 5 Austria | 7.55 | 2023 | +6.69% | +0.99% | View data |
| 6 | 6 Italy | 6.19 | 2023 | +6.85% | -2.85% | View data |
| 7 | 7 Spain | 6.14 | 2023 | +11.99% | -1.9% | View data |
| 8 | 8 Slovakia | 5.54 | 2023 | +3.55% | +41.62% | View data |
| 9 | 9 Sweden | 4.5 | 2023 | +5.23% | -1.56% | View data |
| 10 | 10 Belgium | 3.12 | 2023 | +5.52% | +10.98% | View data |