In 2023, Italy led European production in parts for non-domestic refrigerating equipment with 317.7 million euros, a 3.87% increase from the previous year. Spain and the United Kingdom followed, with slight year-on-year variations of -2.4% and 1.92%, respectively. Germany's production rose by 1.91%, while Portugal saw a modest growth of 2.32%. Conversely, Finland, Lithuania, Poland, and the Netherlands experienced declines, with Finland and Hungary showing significant reductions of -11.62% and -28.15%. Croatia grew by 6.25%, whereas Serbia and Bulgaria decreased by -8.92% and -5.47% respectively.
Looking ahead, the European market for non-domestic refrigerating equipment parts is expected to navigate challenges posed by fluctuating economic conditions and potential shifts in production capabilities. Emerging technologies, sustainability practices, and global supply chain dynamics will play crucial roles in shaping future growth and production strategies across different nations.
Top countries in Sold Production of Parts for Non-Domestic Refrigerating Equipment by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 317,700,000 | 2023 | +17.7% | +3.87% | View data |
| 2 | 2 Spain | 90,608,000 | 2023 | +4.96% | -2.4% | View data |
| 3 | 3 United Kingdom | 90,117,000 | 2023 | +0.72% | +1.92% | View data |
| 4 | 4 Germany | 37,003,000 | 2023 | +1.15% | +1.91% | View data |
| 5 | 5 Portugal | 15,084,000 | 2023 | +4.68% | +2.32% | View data |
| 6 | 6 Finland | 5,056,500 | 2023 | +34.64% | -11.62% | View data |
| 7 | 7 Lithuania | 3,476,800 | 2023 | -8.97% | -24.08% | View data |
| 8 | 8 Czechia | 3,370,100 | 2023 | |||
| 9 | 9 Poland | 3,284,200 | 2023 | -0.36% | -2.41% | View data |
| 10 | 10 Netherlands | 1,616,300 | 2023 | -32.29% | -15.69% | View data |