In 2023, Spain dominated the European sold production market of rotodynamic single-stage mixed flow or axial pumps with 66.27% of the total units, marking a remarkable year-on-year increase of 25.97%. Italy held the second position with 21.09%, despite experiencing a decline of 4.22% from the previous year. Other countries like Hungary and Denmark saw significant declines, while Sweden showed a notable growth of 9.08%. Overall, the market exhibited disparities with a mix of declines and modest rises across different countries.
Future trends to watch include:
- Spain's continued stronghold and potential market expansion.
- Italy's strategies to reverse its declining trend.
- Adaptation and technological advancements in smaller markets.
- The role of sustainability and energy efficiency in driving future production trends.
Top countries in Sold Production of Rotodynamic Single-Stage Mixed Flow or Axial Pumps Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 66.27 | 2023 | +21.28% | +25.97% | View data |
| 2 | 2 Italy | 21.09 | 2023 | +1.85% | -4.22% | View data |
| 3 | 3 Hungary | 2.21 | 2023 | -11.21% | -16.35% | View data |
| 4 | 4 France | 1.38 | 2021 | -39.52% | +0.98% | View data |
| 5 | 5 Denmark | 1.11 | 2023 | -12.37% | -16.16% | View data |
| 6 | 6 Finland | 0.87 | 2023 | -1.63% | -1.86% | View data |
| 7 | 7 Sweden | 0.58 | 2023 | +5.16% | +9.08% | View data |
| 8 | 8 Bulgaria | 0.051 | 2023 | +0.34% | -1.75% | View data |
| 9 | 9 Poland | 0.038 | 2023 | -0.46% | -0.93% | View data |
| 10 | 10 Greece | 0.007 | 2021 | -46.15% | -33.26% | View data |