In 2023, Italy led the European export of hydraulic gear pumps, accounting for 33.41% of units, followed by Germany at 25.26% and Bulgaria at 15%. The UK's share dropped to none. Notable year-on-year increases were observed in Luxembourg (+76.02%), Denmark (+33.77%), and Belgium (+22.62%). However, France and Spain experienced significant declines of 16.67% and 27.99%, respectively.
Future trends to watch:
- Growth in smaller markets like Luxembourg and Denmark may continue.
- Italy and Germany will likely maintain leading positions, but watch for policy changes impacting manufacturing.
- Potential opportunities for Eastern European countries like Romania, evidenced by their growth, could reshape regional dynamics.
Top countries in Export of Hydraulic Gear Pumps Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33.41 | 2023 | +1.82% | +0.13% | View data |
| 2 | 2 Germany | 25.26 | 2023 | +5.12% | +1.99% | View data |
| 3 | 3 Bulgaria | 15 | 2023 | +2.51% | -0.79% | View data |
| 4 | 4 Czechia | 11.35 | 2023 | |||
| 5 | 5 Romania | 5.09 | 2023 | +3.82% | +1.7% | View data |
| 6 | 6 Belgium | 4.14 | 2023 | +18.77% | +22.62% | View data |
| 7 | 7 Netherlands | 1.57 | 2023 | +8.51% | +3.84% | View data |
| 8 | 8 France | 1.2 | 2023 | +99.58% | -16.67% | View data |
| 9 | 9 Austria | 0.48 | 2023 | +13.54% | +5.47% | View data |
| 10 | 10 United Kingdom | 0.43 | 2023 | -24.79% | View data |
