In 2023, Spain led European imports of industrial or laboratory electric furnaces and ovens but experienced a significant decline of 10.17% year-on-year. Belgium followed, also seeing a decrease of 9.44%. Notably, Malta and Luxembourg experienced remarkable growth, increasing by 137.66% and 107.57%, respectively. France and Italy saw increases of 15.49% and 28.18%. Meanwhile, Austria faced a steep decrease of 76.45%.
Future trends to watch:
- Emerging markets like Poland and Romania showing growth potential.
- Sustainability and green initiatives may influence technology and supply chain policies.
- Monitoring economic recovery and geopolitical impacts on trade in Europe.
Top countries in Import of Industrial or Laboratory Electric Furnaces and Ovens by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 73,670 | 2023 | +12.94% | -10.17% | View data |
| 2 | 2 Belgium | 25,140 | 2023 | -8.45% | -9.44% | View data |
| 3 | 3 France | 13,600 | 2023 | +23.78% | +15.49% | View data |
| 4 | 4 Poland | 7,190 | 2023 | +4.52% | +9.67% | View data |
| 5 | 5 Italy | 6,900 | 2023 | +24.88% | +28.18% | View data |
| 6 | 6 Malta | 6,140 | 2023 | +84.39% | +137.66% | View data |
| 7 | 7 United Kingdom | 5,590 | 2023 | -8.52% | -11.11% | View data |
| 8 | 8 Denmark | 5,440 | 2023 | +33.06% | -0.88% | View data |
| 9 | 9 Romania | 4,820 | 2023 | +4.7% | +19.39% | View data |
| 10 | 10 Netherlands | 4,710 | 2023 | +11.6% | +10.83% | View data |