In 2023, Italy and Austria emerged as leading exporters of hydraulic turbines and water wheels in the 1000-10000 kW range, with both countries showing positive growth of 3.2% and 4.8% respectively. Several countries experienced significant declines, such as China with a reduction of 16.01% and France with a decline of 21.89%. While Germany's export figures slightly decreased by 0.83%, India and Slovenia showed healthy growth at 6.22% and 6.85% respectively, highlighting a shift in the dynamics of global suppliers.
Looking ahead, future trends to watch for include:
- An increase in demand for sustainable energy solutions influencing market growth in countries with proactive renewable energy policies.
- Technological advancements driving competitiveness and potentially altering leading exporters.
- The economic policies and trade relations evolving globally, which could impact the export volumes of these turbines and water wheels.
- Environmental regulations possibly intensifying, affecting market strategies for countries relying on hydraulic solutions.
Top countries in Export of Hydraulic Turbines and Water Wheels of a Power 1000-10000 kW by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 15,935,000 | 2023 | +4.08% | +3.2% | View data |
| 2 | 2 Austria | 15,852,000 | 2023 | +3.49% | +4.8% | View data |
| 3 | 3 Slovenia | 6,899,200 | 2023 | +0.92% | +6.85% | View data |
| 4 | 4 Bulgaria | 5,448,200 | 2023 | +4.71% | +5.82% | View data |
| 5 | 5 India | 5,318,600 | 2023 | +2.57% | +6.22% | View data |
| 6 | 6 Germany | 4,294,600 | 2023 | -1.47% | -0.83% | View data |
| 7 | 7 China | 2,938,600 | 2023 | -22.13% | -16.01% | View data |
| 8 | 8 United Kingdom | 2,215,700 | 2023 | -2.78% | +2.63% | View data |
| 9 | 9 Brazil | 1,494,900 | 2023 | +3.45% | +6.43% | View data |
| 10 | 10 Norway | 1,377,400 | 2023 | +5.47% | +2.3% | View data |
