In 2023, the European sold production of boilers for central heating, excluding those of HS 8402, showed a mixed performance across countries. The UK led with €1.473 billion, followed by Germany at €1.3016 billion and Austria at €1.1613 billion. Notably, Austria saw a substantial rise with a 31.69% increase, while Germany had an 8.61% growth. In contrast, France and the Netherlands experienced declines of 3.62% and 0.89%, respectively. Smaller markets like Portugal and Denmark posted robust year-on-year increases of 5.58% and 12.94%. Conversely, Latvia and Greece faced shrinkages, illustrating diverse market dynamics within Europe.
Future trends in the European boiler market may focus on increased adoption of eco-friendly technologies and commitment to energy efficiency. Regulatory changes favoring sustainability could further shape production and innovation in central heating solutions. Additionally, economic stability and consumer confidence will play significant roles in shaping the demand for boilers across various European markets.
Top countries in Sold Production of Boilers for Central Heating Other than Those of HS 8402 by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,473,000,000 | 2023 | +3.25% | +2.16% | View data |
| 2 | 2 Germany | 1,301,600,000 | 2023 | +8.56% | +8.61% | View data |
| 3 | 3 Austria | 1,161,300,000 | 2023 | +23.73% | +31.69% | View data |
| 4 | 4 Italy | 1,124,100,000 | 2023 | +1.52% | +2.62% | View data |
| 5 | 5 Netherlands | 482,760,000 | 2023 | +0.51% | -0.89% | View data |
| 6 | 6 France | 439,940,000 | 2023 | -2.54% | -3.62% | View data |
| 7 | 7 Poland | 319,950,000 | 2023 | +1.96% | +0.7% | View data |
| 8 | 8 Slovakia | 300,360,000 | 2023 | +3.06% | +4.13% | View data |
| 9 | 9 Spain | 76,934,000 | 2023 | +1.74% | +6.81% | View data |
| 10 | 10 Czechia | 74,113,000 | 2023 |
