In 2023, the production value of the European Steam and Air Conditioning Supply saw varying trends across different countries. France led the market with a production value of 8.24 billion Euros, marking a 1.61% increase year-on-year. Denmark followed closely with a significant rise of 6.16% to 4.18 billion Euros. Contrastingly, Sweden experienced a slight decline of 0.0036%, while Poland and the Czech Republic saw decreases of 0.67% and 1.97% respectively. Meanwhile, countries like Italy, Finland, and Slovakia had minor reductions. Notably, Portugal exhibited a substantial growth of 10.27%, and Greece increased by 2.16%, while Belgium faced a severe drop of 44.96%.
Future trends to watch include potential growth in countries with current increases like Denmark, Portugal, and Greece. Monitoring how larger economies like France and Italy respond to market adjustments will be crucial. Additionally, understanding the impacts of economic policies and technological advancements on the countries currently experiencing declines can provide insights into future market shifts.
Top countries in Steam and Air Conditioning Supply Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 8,240 | 2023 | +0.68% | +1.61% | View data |
| 2 | 2 Denmark | 4,180 | 2023 | +7.58% | +6.16% | View data |
| 3 | 3 Sweden | 3,940 | 2023 | +0.5% | -0.0036% | View data |
| 4 | 4 Poland | 2,900 | 2023 | -0.72% | -0.67% | View data |
| 5 | 5 Czech Republic | 1,810 | 2023 | -1.75% | -1.97% | View data |
| 6 | 6 Italy | 1,250 | 2023 | -1.21% | -0.61% | View data |
| 7 | 7 Finland | 1,030 | 2023 | +8.07% | -3.53% | View data |
| 8 | 8 Slovakia | 933.5 | 2023 | +5.1% | -0.73% | View data |
| 9 | 9 Austria | 816.9 | 2023 | -2.17% | +0.62% | View data |
| 10 | 10 Romania | 615 | 2023 | +2.01% | +0.56% | View data |