In 2023, Germany leads in European imports of fluid power equipment at 41.552 million kilograms, followed by France, Italy, and Spain. Germany's import growth was modest at 1.04%, while Spain and Italy showed significant increases at 6.73% and 5.16%, respectively. Noteworthy changes include Greece's import surge by 21.71% and a decline of 2.09% in Sweden. Emerging markets like the Netherlands and Slovenia also experienced substantial growth. Overall, the variations indicate a moderately dynamic year with opportunities in lesser-import countries.
Looking ahead, future trends to watch include increasing demand in emerging markets such as Greece and Slovenia, which may continue to accelerate imports. The shift towards more sustainable and efficient industrial technologies could also drive growth in this sector. Monitoring geopolitical factors and supply chain adaptations will be crucial for predicting further changes in import patterns across Europe.
Top countries in Import of Fluid Power Equipment by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41,552,000 | 2023 | +7.83% | +1.04% | View data |
| 2 | 2 France | 16,361,000 | 2023 | +2.54% | +1.14% | View data |
| 3 | 3 Italy | 11,845,000 | 2023 | +4.58% | +5.16% | View data |
| 4 | 4 Spain | 9,696,300 | 2023 | +14.31% | +6.73% | View data |
| 5 | 5 United Kingdom | 9,679,500 | 2023 | +1.65% | +1.5% | View data |
| 6 | 6 Belgium | 7,339,000 | 2023 | +7.86% | +1.33% | View data |
| 7 | 7 Czechia | 6,302,000 | 2023 | |||
| 8 | 8 Austria | 6,075,900 | 2023 | +8.02% | +1.61% | View data |
| 9 | 9 Netherlands | 5,048,000 | 2023 | +9.19% | +11.89% | View data |
| 10 | 10 Poland | 3,619,900 | 2023 | +3.01% | +3.15% | View data |
