In 2023, Italy led European production of pumps with measuring devices for dispensing fuel or lubricants, producing 62.5 thousand items, marking a significant 123.13% increase from previous years. Spain followed with 25.04 thousand items. Both France and Denmark reported modest production volumes of 5.9 and 5.44 thousand items, respectively, but Denmark experienced a substantial 89.26% year-on-year increase. Czechia, Portugal, Romania, and Croatia contributed smaller volumes, with Czechia producing 4.33 thousand and Portugal 3.58 thousand. Notably, Croatia saw a slight decrease with a -2.02% change. Over the past five years, the sector has seen varied growth patterns across Europe.
Looking ahead, European markets may witness continued expansion in Italy and Denmark due to technology enhancements and increased demand for efficient fuel systems. Italy's strong upward trend could set precedence, encouraging other European nations to invest more in this sector. Monitoring technological advancements and regulatory impacts will be crucial in assessing future production trajectories.
Top countries in Sold Production of Pumps Fitted or Designed to Be Fitted with a Measuring Device for Dispensing Fuel or Lubricants by Country
| # | 8 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62,500 | 2023 | +2.54% | +123.13% | View data |
| 2 | 2 Spain | 25,040 | 2021 | +7.3% | -1.48% | View data |
| 3 | 3 France | 5,900 | 2023 | -8.29% | +11.18% | View data |
| 4 | 4 Denmark | 5,440 | 2023 | +25.41% | +89.26% | View data |
| 5 | 5 Czechia | 4,330 | 2023 | |||
| 6 | 6 Portugal | 3,580 | 2023 | +0.73% | +2.56% | View data |
| 7 | 7 Romania | 306 | 2023 | +6.99% | +17.61% | View data |
| 8 | 8 Croatia | 158 | 2023 | -3.66% | -2.02% | View data |
