In 2023, Italy led the European export market for ovens, furnaces, and furnace burners, holding 45.62% market share, with Germany trailing at 37.8%. Despite Germany facing a notable decline of 12.87% year-on-year, Italy experienced a modest growth of 0.14%. The Netherlands, with a 5.04% share, showed a positive trend with a 4.34% increase. Ireland's exports surged by 13.23%, while the United Kingdom experienced a significant 45.31% drop. The market is predominantly concentrated among a few key players, with smaller contributions from other countries experiencing varied performances.
Future trends to watch include:
- An anticipated recovery in Germany, which could regain some lost market share.
- Continued growth of emerging exporters like Ireland and Estonia.
- Potential for increased market entry in technologically advancing nations.
Top countries in Export of Ovens, Furnaces and Furnace Burners Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 45.62 | 2023 | +4.26% | +0.14% | View data |
| 2 | 2 Germany | 37.8 | 2023 | +13.67% | -12.87% | View data |
| 3 | 3 Netherlands | 5.04 | 2023 | +0.5% | +4.34% | View data |
| 4 | 4 Sweden | 3.8 | 2023 | +6.83% | -2.59% | View data |
| 5 | 5 Poland | 2.38 | 2023 | +6.74% | +11.57% | View data |
| 6 | 6 Spain | 1.37 | 2023 | -4.15% | -9.71% | View data |
| 7 | 7 Belgium | 1.17 | 2023 | -1.19% | +6.59% | View data |
| 8 | 8 France | 1.09 | 2021 | -84.98% | -17.61% | View data |
| 9 | 9 Denmark | 0.86 | 2023 | +5.53% | -0.49% | View data |
| 10 | 10 Lithuania | 0.58 | 2023 | +3.37% | +3.84% | View data |
