The European export market for centrifugal pumps with a discharge outlet diameter more than 15 mm, single-stage with double entry impeller, is led by Hungary with a significant share of 44.99% in 2023. France and the Netherlands follow, accounting for 24.37% and 15.29%, respectively. Notably, Austria and Italy show remarkable growth, with recent year-on-year increases of 88.37% and 95.81% respectively. Conversely, Sweden and Lithuania experienced declines by -10.8% and -20.71%.
Future trends to watch include a potential market shift towards Western European countries if Austria and Italy continue to grow rapidly. Additionally, technological advancements and increased demand for energy-efficient pumps may drive innovation and competitiveness, possibly impacting market shares further.
Top countries in Export of Centrifugal Pumps with a Discharge Outlet Diameter More than 15 mm, Single-Stage with Double Entry Impeller Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 44.99 | 2023 | +6.9% | +28.05% | View data |
| 2 | 2 France | 24.37 | 2023 | +6.7% | +31.31% | View data |
| 3 | 3 Netherlands | 15.29 | 2023 | +0.59% | +10.84% | View data |
| 4 | 4 Austria | 9.56 | 2023 | +44.76% | +88.37% | View data |
| 5 | 5 Italy | 6.95 | 2023 | +16.47% | +95.81% | View data |
| 6 | 6 Belgium | 5.74 | 2023 | +21.45% | +15.99% | View data |
| 7 | 7 Spain | 1.28 | 2023 | -1.61% | +22.51% | View data |
| 8 | 8 Sweden | 0.73 | 2023 | -1.41% | -10.8% | View data |
| 9 | 9 Lithuania | 0.65 | 2023 | -0.32% | -20.71% | View data |
| 10 | 10 Czechia | 0.61 | 2023 |
