Valves for oleohydraulic or pneumatic transmissions market in Germany

Earlier Report Observations

From 2018 to 2020, the German valves market for oleohydraulic or pneumatic transmissions saw a contraction in physical volume from 42 thousand tons to 32 thousand tons. The COVID-19 pandemic in 2020 introduced uncertainties that affected production and demand across Europe, contributing to the volume drop. However, market value rose to 434 million dollars in 2020, likely due to shifts in supply chains or pricing. Germany's position as a leading exporter, with 2.28 billion dollars in exports in 2018, underscored its strong industrial footprint.

Post-pandemic, the market recovered in 2021, reaching 39 thousand tons and 620 million dollars in value. By 2022, value continued to grow to 663 million dollars, even as physical volume slightly eased to 38 thousand tons, indicating a trend toward higher-value products or increased prices.

Market activity remained significant through 2023, with Germany maintaining substantial import and export flows. However, by 2024, the market contracted sharply to 27 thousand tons and 224 million dollars, pointing to a reduction in industrial demand or changing market conditions.

Production valves for oleohydraulic or pneumatic transmissions in Germany

In value, 2017-2020, M $ US

Germany's production of valves for oleohydraulic or pneumatic transmissions has declined for the second year in a row. In 2020, output was valued at 2 219 million US dollars, marking a 9.2% decrease compared to 2019. Production peaked in 2018 at 2 739 million US dollars, with a 10.5% increase that year. The largest decline occurred in 2019, falling by 10.7%. Overall, from 2017 to 2020, production dropped by 10.4%, which translates to an average annual decline of 3.6%.

Annual dynamics of production in Germany in value, 2017-2020, M $ US

In kind, 2017-2020, t

Germany's production volume of valves for oleohydraulic or pneumatic transmissions has fallen for the second consecutive year. In 2020, 47 282 tonnes were produced, down 13.8% from the previous year. Production reached its highest point in 2018 at 59 989 tonnes, with a 4.4% increase that year. Over the period from 2017 to 2020, production decreased by 17.7%, resulting in a compound annual growth rate of -6.3%.

Annual dynamics of production in Germany in kind, 2017-2020, t

Exports valves for oleohydraulic or pneumatic transmissions from Germany

Exports in kind, t

Germany's exports of valves for oleohydraulic or pneumatic transmissions have declined for the second year in a row. In 2020, exports totaled 45 652 tonnes, a 13.0% drop compared to the previous year. The peak was recorded in 2018 at 55 994 tonnes, with a 10.5% increase that year. From 2017 to 2020, exports fell by 9.9%, averaging an annual decline of 3.4%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

Between 2017 and 2020, Germany's exports of valves for oleohydraulic or pneumatic transmissions were distributed across a broad range of partner countries. The top three destinations—China (11.7% of exports), France (10.6%), and the United States (9.4%)—together accounted for just 31.7% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, M $ US

Germany's export value of valves for oleohydraulic or pneumatic transmissions has decreased for the second consecutive year. In 2020, exports were recorded at 2 963 million US dollars, representing an 11.6% decline from 2019. The highest value was in 2018 at 3 598 million US dollars, with a 14.8% increase that year. From 2017 to 2020, exports dropped by 5.5%, equating to an average annual decrease of 1.9%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

From 2017 to 2020, Germany's export value of valves for oleohydraulic or pneumatic transmissions was spread across numerous partner countries. The leading markets—China (12.6% of export value), the United States (9.3%), and France (8.1%)—combined for only 30.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports valves for oleohydraulic or pneumatic transmissions to Germany

Imports in kind, t

Germany's import volume of valves for oleohydraulic or pneumatic transmissions has fallen for the second year in a row. In 2020, imports amounted to 30 389 tonnes, a 16.3% decrease compared to the previous year. Imports peaked in 2018 at 37 568 tonnes, with a 5.5% increase that year. Over the period from 2017 to 2020, imports declined by 14.7%, averaging an annual drop of 5.2%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

Between 2017 and 2020, three key markets dominated Germany's imports of valves for oleohydraulic or pneumatic transmissions in volume terms. Poland, France, and Hungary together accounted for 51.3% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, M $ US

Germany's import value of valves for oleohydraulic or pneumatic transmissions has declined for the second consecutive year. In 2020, imports were valued at 1 178 million US dollars, showing a 9.2% reduction from the previous year. The highest value was recorded in 2018 at 1 367 million US dollars, with a 15.6% increase that year.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

Throughout 2017 to 2020, Germany's import value of valves for oleohydraulic or pneumatic transmissions was not heavily concentrated on a few markets. The top three sources—Poland (16.3% of import value), Switzerland (12.4%), and the United States (10.1%)—together made up only 38.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020