In 2023, Germany led Europe's sold production of fuel, lubricants, cooling-medium, and concrete pumps with a dominant value of 51.66%, although this marked a slight decrease of 0.72% from the previous year. France and Italy followed, holding 15.68% and 11.04% respectively, with Italy showing significant growth of 25.04%. Spain and Austria also maintained notable shares, with Spain experiencing an 8.24% increase. The United Kingdom saw a substantial decline of 12.21%. Other countries such as Hungary, Finland, Estonia, and Poland faced reductions, while Romania grew rapidly by 19.77%.
Future trends to watch include the continuous shifts in prominence among key players like Italy, which could see further expansion, and Germany's potential strategies to reclaim its slightly diminished share. European Union regulatory changes on environmental standards may impact production volumes, and technological advancements might influence competitiveness among countries. The industry's drive towards sustainability could open up new opportunities for innovation in product offerings.
Top countries in Sold Production of Fuel, Lubricants, Cooling-Medium and Concrete Pumps Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 51.66 | 2023 | +4.96% | -0.72% | View data |
| 2 | 2 France | 15.68 | 2023 | +5.83% | +0.71% | View data |
| 3 | 3 Italy | 11.04 | 2023 | +3.69% | +25.04% | View data |
| 4 | 4 Spain | 7.59 | 2023 | +8.77% | +8.24% | View data |
| 5 | 5 Austria | 6.15 | 2023 | +5.74% | -0.12% | View data |
| 6 | 6 Czechia | 5.73 | 2023 | |||
| 7 | 7 Slovakia | 4.56 | 2023 | +6.77% | -0.31% | View data |
| 8 | 8 Hungary | 1.57 | 2023 | +3.49% | -2.15% | View data |
| 9 | 9 United Kingdom | 1.14 | 2023 | -21.8% | -12.21% | View data |
| 10 | 10 Portugal | 0.74 | 2023 | +6.71% | +7.56% | View data |
