The European export of thermostats, manostats, and other automatic regulating or controlling instruments in 2023 saw Germany lead with a substantial margin, although facing a decline of 6.47% year-on-year. Italy and France followed, experiencing modest growth rates of 6.13% and 4.8%, respectively. Noteworthy changes in 2023 include significant increases in the Netherlands (18.04%) and Romania (7.45%), whereas the United Kingdom and Austria saw declines of 15.05% and 14.03%, respectively. Smaller economies like Malta experienced a remarkable growth rate of 64.53%, suggesting emerging opportunities.
Future trends to watch include potential recovery in major export players such as Germany and the UK, continued growth momentum in emerging markets, and the possibility of increased demand driven by technological advancements and a shift towards smarter environmental control solutions across Europe.
Top countries in Export of Thermostats, Manostats and Other Automatic Regulating or Controlling Instruments and Apparatus by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 106,950,000 | 2023 | +2.03% | -6.47% | View data |
| 2 | 2 Italy | 69,055,000 | 2023 | +0.13% | +6.13% | View data |
| 3 | 3 France | 49,148,000 | 2023 | +5.92% | +4.8% | View data |
| 4 | 4 Czechia | 38,597,000 | 2021 | |||
| 5 | 5 Croatia | 30,982,000 | 2023 | +4.1% | +4.71% | View data |
| 6 | 6 Slovenia | 30,306,000 | 2023 | +0.88% | +0.53% | View data |
| 7 | 7 Luxembourg | 19,931,000 | 2021 | +22.8% | -5.75% | View data |
| 8 | 8 Spain | 10,647,000 | 2023 | -3.37% | +0.084% | View data |
| 9 | 9 Slovakia | 8,734,400 | 2023 | -0.24% | -0.92% | View data |
| 10 | 10 Poland | 7,750,100 | 2023 | -0.35% | +1.03% | View data |
