Germany leads the European export of hydraulic pumps, commanding 36.87% of the market share by units. Italy and Hungary follow, with shares of 14.64% and 10.97% respectively. Notable variations in 2023 include a 42.09% increase in Luxembourg and a 20.79% rise in Malta, against declines like Cyprus’ 12.94%. Belgium (9.17%), Netherlands (8.77%), and Sweden (7.79%) had significant positive changes, contributing to a diversified competitive landscape. Over the past five years, Germany's growth trend has been favorable, with strong continuous performance, supported by France's and Hungary's steady contributions to the market's expansion.
Future trends may feature shifts due to technological advancements and sustainable practices influencing the hydraulic pump industry. Germany’s strong industrial base coupled with Italy’s manufacturing prowess could continue driving growth. The adaptation to smarter and more efficient technologies represents significant opportunities for countries expanding their export footprint to strengthen their market positions, thus reshaping market dynamics and shares among European countries.
Top countries in Export of Hydraulic Pumps Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.87 | 2023 | +3.68% | +6.68% | View data |
| 2 | 2 Italy | 14.64 | 2023 | +2.08% | -3.65% | View data |
| 3 | 3 Hungary | 10.97 | 2023 | +3.98% | +2.92% | View data |
| 4 | 4 France | 9.67 | 2023 | +4.9% | +5.35% | View data |
| 5 | 5 Czechia | 9.08 | 2023 | |||
| 6 | 6 Bulgaria | 5.48 | 2023 | +2.54% | -0.74% | View data |
| 7 | 7 Romania | 3.95 | 2023 | +2.52% | -2.25% | View data |
| 8 | 8 Spain | 2.08 | 2023 | +5.69% | -1.17% | View data |
| 9 | 9 Belgium | 2.02 | 2023 | +14.06% | +9.17% | View data |
| 10 | 10 Netherlands | 1.2 | 2023 | +0.92% | +8.77% | View data |
