In 2023, Germany led European imports of reciprocating displacement compressors with substantial volumes, followed by France and the United Kingdom. Noteworthy year-on-year increases were observed in Austria, Finland, and Denmark, indicating robust demand. Ireland and Latvia experienced the highest growth rates, increasing interest in these regions. Conversely, Hungary and Slovenia saw declines, reflective of potential market saturation or local challenges. Over the past five years, countries like Luxembourg and Malta showed significant increases, suggesting rising industrial activity in smaller markets.
Future trends to watch for include:
- Emerging markets with high growth rates like Cyprus and Latvia, which are gaining traction.
- Germany’s continued dominance in the sector, likely due to its strong industrial base.
- Potential fluctuations in traditional markets like Hungary, which may stabilize or further decline.
- The impact of technological advancements on demand and distribution across countries.
Top countries in Import of Reciprocating Displacement Compressors by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,471,600 | 2023 | +1.93% | +2.33% | View data |
| 2 | 2 France | 1,674,100 | 2023 | +8.52% | +6.67% | View data |
| 3 | 3 United Kingdom | 1,567,700 | 2023 | +4.23% | +3.51% | View data |
| 4 | 4 Italy | 1,542,900 | 2023 | +7.45% | +2.47% | View data |
| 5 | 5 Belgium | 863,530 | 2023 | +8.26% | +4.11% | View data |
| 6 | 6 Czechia | 639,320 | 2023 | |||
| 7 | 7 Netherlands | 556,960 | 2023 | +4.07% | +5.79% | View data |
| 8 | 8 Spain | 556,630 | 2023 | +4.27% | +1.2% | View data |
| 9 | 9 Poland | 552,560 | 2023 | +3.13% | +2.12% | View data |
| 10 | 10 Austria | 446,920 | 2023 | +15.57% | +8.76% | View data |