In the 2023 data for European exports of valves, major exporters were Italy holding 32.39%, Germany at 17.87%, and Spain with 7.95% of the market share by kilograms. Germany and the Netherlands showed positive growth rates, whereas Italy and France experienced negative changes. Additionally, significant fluctuations were noted in smaller markets like Bulgaria and Ireland, which saw considerable annual growth, in contrast to Malta and Luxembourg where declines were observed. Over the five-year period, the trend shows a modest annual growth rate, influenced by emerging markets' expansion.
Looking forward, the European valve export market is poised for promising growth, driven by technological advancements and increasing demand for automation in various industrial sectors. Emerging markets are likely to contribute to incremental shares, while more established markets may see innovation-driven competition. Sustainability trends could also influence future demand and production practices.
Top countries in Export of Process Control Valves, Gate Valves, Globe Valves and Other Valves Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 32.39 | 2023 | +3.95% | -0.075% | View data |
| 2 | 2 Germany | 17.87 | 2023 | +1.48% | +1.43% | View data |
| 3 | 3 Spain | 7.95 | 2023 | +2.23% | +0.86% | View data |
| 4 | 4 Czechia | 6.84 | 2023 | |||
| 5 | 5 France | 5.99 | 2023 | +2.86% | -2.03% | View data |
| 6 | 6 Poland | 5.19 | 2023 | +1.65% | +0.96% | View data |
| 7 | 7 Netherlands | 4.24 | 2023 | +6.55% | +1.91% | View data |
| 8 | 8 United Kingdom | 3.74 | 2023 | -1% | -0.46% | View data |
| 9 | 9 Denmark | 3.57 | 2023 | +2.99% | +2.25% | View data |
| 10 | 10 Austria | 2.31 | 2023 | +1.74% | +1.3% | View data |
