In 2023, Germany led the European export of hydraulic brake fluids, followed by Belgium and Spain. Germany experienced a slight decline of 0.73% year-on-year, while Belgium, Slovakia, and Latvia showed notable growth at 8.63%, 11.6%, and 7.59%, respectively. Spain, Netherlands, and Estonia encountered declines, with Spain and the Netherlands decreasing by 7.48% and 1.83%, respectively. Noteworthy declines in Italy and the UK were marked by a 100% reduction. Luxembourg and Malta observed the highest growth rates, indicating emerging opportunities in smaller markets.
Future trends to watch include the potential recovery in Italy and the UK, along with increased growth driven by Belgium and emerging markets like Malta and Luxembourg. Moreover, environmental regulations and technological advances could impact the demand and production processes across Europe, influencing export dynamics.
Top countries in Export of Hydraulic Brake Fluids and Other Prepared Liquids for Hydraulic Transmission by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 110,100,000 | 2023 | +4.92% | -0.73% | View data |
| 2 | 2 Belgium | 28,158,000 | 2023 | +5.71% | +8.63% | View data |
| 3 | 3 Spain | 8,759,700 | 2023 | -1.6% | -7.48% | View data |
| 4 | 4 Netherlands | 5,018,900 | 2023 | -9.34% | -1.83% | View data |
| 5 | 5 Poland | 3,542,200 | 2023 | +4.04% | +0.8% | View data |
| 6 | 6 Lithuania | 2,650,600 | 2023 | +5.09% | +6.26% | View data |
| 7 | 7 Italy | 1,990,900 | 2023 | -18.79% | View data | |
| 8 | 8 United Kingdom | 1,954,000 | 2023 | -42.75% | View data | |
| 9 | 9 Sweden | 1,943,400 | 2023 | +9.73% | +4.6% | View data |
| 10 | 10 Czechia | 1,395,400 | 2023 |
