In 2023, Germany dominated the European import of hydraulic gear pumps with a 23.2% share, followed by Italy at 19.02% and Belgium at 10.2%. Significant annual growth in Greece (72.39%) and Belgium (22.09%) was noteworthy, while France observed a decline of 4.28%. Over five years, compound annual growth was modest, with most countries showing incremental changes.
Future trends to watch include potential continued growth in Greece and Belgium, as their current upward trajectories indicate ongoing expansion. Additionally, Germany's influence is likely to remain substantial, but any shifts in market demand or production capabilities could alter future dynamics.
Top countries in Import of Hydraulic Gear Pumps Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.2 | 2023 | +0.27% | +7.89% | View data |
| 2 | 2 Italy | 19.02 | 2023 | +7.2% | +0.91% | View data |
| 3 | 3 Belgium | 10.2 | 2023 | +12.87% | +22.09% | View data |
| 4 | 4 United Kingdom | 6.25 | 2023 | +0.77% | +3.15% | View data |
| 5 | 5 France | 5.86 | 2023 | +11.72% | -4.28% | View data |
| 6 | 6 Sweden | 5.49 | 2023 | +4.4% | +0.43% | View data |
| 7 | 7 Greece | 5.47 | 2023 | +44.83% | +72.39% | View data |
| 8 | 8 Romania | 4.26 | 2023 | +5.37% | +11.03% | View data |
| 9 | 9 Bulgaria | 3.92 | 2023 | +5.27% | +9.76% | View data |
| 10 | 10 Netherlands | 3.19 | 2023 | +6.45% | +6.06% | View data |