The Process Control Valves, Gate Valves, Globe Valves, and Other Valves Market in Germany experienced fluctuating volume levels from 2013 to 2023, standing at 179.58 million kilograms in 2023. The market saw significant growth in 2014, followed by a period of minor declines and fluctuations. A notable dip occurred in 2020, but since then, gradual recovery was observed, marked by steady growth in the last two years. The average compound annual growth rate over the last five years was 1.21%.
Future trends to watch for in the German valve market include:
- Technological advancements in valve automation
- Increasing demand from renewable energy sectors
- Focus on energy efficiency and sustainability
| # | 9 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 179,580,000 | 2023 | +3.21% | +1.21% | |
| 2 | 2 United Kingdom | 77,550,000 | 2023 | +0.19% | -0.52% | View data |
| 3 | 3 Romania | 17,235,000 | 2023 | +1.22% | +2% | View data |
| 4 | 4 Poland | 16,116,000 | 2023 | -0.72% | -0.21% | View data |
| 5 | 5 Spain | 15,127,000 | 2023 | -6.32% | -2.73% | View data |
