In 2023, Germany led European exports of fluid power equipment in kilograms, commanding 29.48% of the market share. Czechia followed with 23.65%, and Italy held an 18.77% share. Smaller market players like Greece and Cyprus contributed less than 0.1% of exports.
Year-on-year changes indicate growth in several countries: Portugal showed an impressive 11.04% increase, while the Netherlands climbed by 9.99%. Conversely, Estonia and Belgium experienced declines of 7.59% and 5.29%, respectively. Over a five-year period, Central and Eastern European countries like Poland and Hungary exhibit a strong growth trajectory.
Future trends to watch include growing investments in industrial automation and energy-efficient equipment, which are expected to fuel demand in Europe. As countries seek to strengthen their competitive edge, technological innovations and sustainability initiatives will likely be pivotal in shaping fluid power equipment exports.
Top countries in Export of Fluid Power Equipment Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 29.48 | 2023 | +5.1% | -0.22% | View data |
| 2 | 2 Czechia | 23.65 | 2023 | |||
| 3 | 3 Italy | 18.77 | 2023 | +6.02% | +1.2% | View data |
| 4 | 4 Denmark | 4.88 | 2023 | +5.4% | +2.28% | View data |
| 5 | 5 France | 3.68 | 2023 | +9.72% | +1.13% | View data |
| 6 | 6 Hungary | 3.46 | 2023 | +4.63% | +3.49% | View data |
| 7 | 7 United Kingdom | 2.59 | 2023 | -1.88% | -1.69% | View data |
| 8 | 8 Spain | 2.21 | 2023 | +0.45% | -0.82% | View data |
| 9 | 9 Sweden | 2.12 | 2023 | +5.39% | +1.1% | View data |
| 10 | 10 Belgium | 1.74 | 2023 | +2.2% | -5.29% | View data |
