In 2023, Italy dominated the European export market for industrial or laboratory electric furnaces and ovens, contributing significantly more than other countries at 125.56 (in thousands). Germany, United Kingdom, and Belgium followed with much lesser contributions. Notable year-on-year growth was seen in Greece and Portugal; however, countries like United Kingdom and Spain experienced decline. Over the last five years, fluctuations have been observed across regions, with some countries like Romania and Denmark showing strong upward trends.
Future trends to watch include:
- Potential export growth in Eastern European countries, given their recent increases.
- Decreasing exports from countries experiencing negative growth, which may continue to struggle.
- Technological advancements impacting production and export capacities, potentially altering market shares.
Top countries in Export of Industrial or Laboratory Electric Furnaces and Ovens by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 125,560 | 2023 | +5.06% | +4.22% | View data |
| 2 | 2 Germany | 18,080 | 2023 | +2.6% | +0.98% | View data |
| 3 | 3 United Kingdom | 16,820 | 2023 | +4.22% | -4.48% | View data |
| 4 | 4 Belgium | 5,210 | 2021 | +57.2% | +44% | View data |
| 5 | 5 Spain | 4,300 | 2023 | -2.85% | -8.02% | View data |
| 6 | 6 Lithuania | 4,070 | 2023 | -1.9% | -1.07% | View data |
| 7 | 7 France | 3,820 | 2023 | +15.11% | +9.89% | View data |
| 8 | 8 Sweden | 2,310 | 2023 | +5.19% | -0.26% | View data |
| 9 | 9 Portugal | 879 | 2023 | +12.98% | +47.48% | View data |
| 10 | 10 Netherlands | 726 | 2021 | -32.53% | -0.91% | View data |
