Italy leads the European sold production of butterfly valves in 2024 with 19.372 million kilograms, followed by Germany with 16.599 million kilograms. Spain comes third at 8.1686 million kilograms. Finland, Poland, Denmark, and Hungary trail significantly.
Looking at year-on-year variations for 2023, Hungary experienced the highest growth at 10.56%, followed by Spain at 8.95%, and Germany at 1.77%. Italy, Poland, and Denmark showed minimal changes, while Denmark noted a decrease of 2.34%. Over a five-year horizon, a compound annual growth rate (CAGR) would provide further insight into long-term trends.
Future trends to watch include potential increases in production capacity in leading countries, shifts in demand due to regulatory changes, and advancements in valve technology. Additionally, market consolidation or expansions by key players could significantly impact production volumes.
Top countries in Sold Production of Butterfly Valves by Country
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 19,372,000 | 2023 | +2.57% | +0.0095% | View data |
| 2 | 2 Germany | 16,599,000 | 2023 | +0.73% | +1.77% | View data |
| 3 | 3 Spain | 8,168,600 | 2023 | +2.55% | +8.95% | View data |
| 4 | 4 Finland | 1,449,300 | 2021 | +6.32% | View data | |
| 5 | 5 Poland | 897,390 | 2023 | -0.63% | +0.012% | View data |
| 6 | 6 Denmark | 612,260 | 2023 | +7.59% | -2.34% | View data |
| 7 | 7 Hungary | 112,340 | 2023 | +6.31% | +10.56% | View data |
