Germany remains the dominant importer of turbo-compressors in Europe, with forecasted values reaching 4.1765 million items in 2024, reflecting a 2.83% year-on-year increase. France follows with 3.4832 million items, exhibiting a robust growth of 3.79% from the previous year. The United Kingdom and Italy, however, show declining trends with year-on-year variations of -1.18% and -3.21%, respectively. Conversely, Bulgaria (4.43%), Romania (11.75%), and Belgium (11.06%) demonstrate significant positive growth, while Spain saw a notable decline at -10.61%. Slovakia stands out with the most substantial increase at 23.87%. Finland, Ireland, and Malta also reported remarkable growths of 6.42%, 7.15%, and 36.27%, respectively.
Future trends to watch in European turbo-compressor imports include:
• Continued growth in Germany and France driven by industrial demand.
• Potential market shifts in the United Kingdom and Italy, potentially due to economic or regulatory changes.
• Emerging markets in Eastern Europe, particularly Slovakia, Romania, and Belgium, could drive future demand.
• Monitoring the significant declines in Spain, Poland, and other smaller markets to understand underlying challenges such as economic downturns or market saturation.
Top countries in Import of Turbo-Compressors by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,176,500 | 2023 | +6.01% | +2.83% | View data |
| 2 | 2 France | 3,483,200 | 2023 | +10.38% | +3.79% | View data |
| 3 | 3 United Kingdom | 2,364,700 | 2023 | +0.79% | -1.18% | View data |
| 4 | 4 Hungary | 2,350,700 | 2023 | +2.52% | +3.23% | View data |
| 5 | 5 Austria | 1,605,000 | 2023 | +6.7% | +1.01% | View data |
| 6 | 6 Italy | 1,295,600 | 2023 | +6.76% | -3.21% | View data |
| 7 | 7 Slovakia | 1,212,800 | 2023 | +2.64% | +23.87% | View data |
| 8 | 8 Sweden | 967,480 | 2023 | +5.26% | -1.27% | View data |
| 9 | 9 Spain | 856,370 | 2023 | -14.85% | -10.61% | View data |
| 10 | 10 Belgium | 689,490 | 2023 | +5.46% | +11.06% | View data |
