In 2023, Italy led European sold production of non-electric industrial and laboratory furnaces and ovens, including incinerators, at 295.21 million euros, followed by Germany at 157.08 million euros. Italy saw a mild growth of 0.45%, while Germany experienced a significant decrease of 5.49%. The UK, with 37.087 million euros, slightly declined by 0.13%. Spain's production increased by 1.57% to 27.276 million euros. Poland showed significant growth at 37.99%, while Hungary and Denmark saw substantial declines of 7.11% and 29.7%, respectively. Minor movements were observed in Sweden, Croatia, and Estonia.
Future trends point to:
- The potential for further growth in Eastern Europe, supported by economic development and rising demand in regional industries.
- A continued strong presence from Italy, maintaining its leadership in the sector with innovation and competitiveness.
- Germany may strengthen its focus on sustainability and technological advancement to recover from the recent decline.
Top countries in Sold Production of Industrial or Laboratory Furnaces and Ovens, Non-Electric, Including Incinerators by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 295,210,000 | 2023 | +8.97% | +0.45% | View data |
| 2 | 2 Germany | 157,080,000 | 2023 | +6.51% | -5.49% | View data |
| 3 | 3 United Kingdom | 37,087,000 | 2023 | +0.34% | -0.13% | View data |
| 4 | 4 Spain | 27,276,000 | 2023 | +8.82% | +1.57% | View data |
| 5 | 5 Czechia | 16,003,000 | 2023 | |||
| 6 | 6 Poland | 7,742,800 | 2023 | +5.21% | +37.99% | View data |
| 7 | 7 Sweden | 2,048,100 | 2023 | +28.31% | View data | |
| 8 | 8 Hungary | 1,253,800 | 2023 | -1.12% | -7.11% | View data |
| 9 | 9 Denmark | 1,122,300 | 2023 | +98.5% | -29.7% | View data |
| 10 | 10 Croatia | 431,730 | 2023 | +1.62% | +3.38% | View data |
