Germany leads Europe's hydraulic pump exports in 2024, projected at 6.0213 million items, with a 6.68% increase from the previous year. Italy follows with 2.3906 million, although experiencing a slight decline of 3.65%. Hungary, France, and Czechia also contribute significantly, each exporting over 1.4 million items, with notable growth in France at 5.35%. Smaller markets like Malta and Cyprus show significant variation, with Cyprus declined by 12.94% in 2023. Over the last five years, Luxembourg recorded the highest average yearly growth.
Future trends to watch include Germany sustaining its leadership, possible recovery in Italy, and ongoing growth in smaller markets like Ireland and Estonia, driven by technological advancements and increasing global demand.
Top countries in Export of Hydraulic Pumps by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,021,300 | 2023 | +3.68% | +6.68% | View data |
| 2 | 2 Italy | 2,390,600 | 2023 | +2.08% | -3.65% | View data |
| 3 | 3 Hungary | 1,792,000 | 2023 | +3.98% | +2.92% | View data |
| 4 | 4 France | 1,578,700 | 2023 | +4.9% | +5.35% | View data |
| 5 | 5 Czechia | 1,482,800 | 2023 | |||
| 6 | 6 Bulgaria | 894,220 | 2023 | +2.54% | -0.74% | View data |
| 7 | 7 Romania | 645,360 | 2023 | +2.52% | -2.25% | View data |
| 8 | 8 Spain | 340,040 | 2023 | +5.69% | -1.17% | View data |
| 9 | 9 Belgium | 330,400 | 2023 | +14.06% | +9.17% | View data |
| 10 | 10 Netherlands | 196,590 | 2023 | +0.92% | +8.77% | View data |
