In 2023, Germany led the European butterfly valve imports with a 15.62% share, followed by France and Italy at 14.36% and 11.25%, respectively. Notable year-on-year increases include Denmark (8.53%), Finland (8.65%), and Estonia (17.08%). Poland and Hungary saw declines of -1.78% and -6.72%, respectively. From a five-year CAGR perspective, growth remains resilient, particularly in emerging markets like Lithuania and Cyprus.
Future trends to watch include:
- Potential growth in Eastern European markets driven by industrial expansion.
- Influence of advancing automation technologies on demand.
- Impact of geopolitical factors on trade dynamics and supply chains.
- Shifts towards sustainable and energy-efficient valve solutions.
Top countries in Import of Butterfly Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.62 | 2023 | +5.57% | +1.15% | View data |
| 2 | 2 France | 14.36 | 2023 | +4.24% | +2.51% | View data |
| 3 | 3 Italy | 11.25 | 2023 | +6.46% | +2.29% | View data |
| 4 | 4 Netherlands | 10.45 | 2023 | +3.76% | +2.55% | View data |
| 5 | 5 Spain | 9.17 | 2023 | +2.25% | +3.88% | View data |
| 6 | 6 Austria | 8.34 | 2023 | +12.95% | +3.01% | View data |
| 7 | 7 United Kingdom | 5.77 | 2023 | +0.46% | -0.16% | View data |
| 8 | 8 Belgium | 5.35 | 2023 | +4.38% | +1.05% | View data |
| 9 | 9 Sweden | 3.32 | 2023 | +2.32% | +1.61% | View data |
| 10 | 10 Poland | 3.18 | 2023 | +0.8% | -1.78% | View data |
