The European HVAC HICP data for 2024 shows that Estonia, Austria, and Hungary have the highest indices, indicating significant price levels. Estonia leads with a value of 13.315, closely followed by Austria at 13.242 and Hungary at 13.236. The lowest indices are seen in Denmark (8.6), Switzerland (9.24), and Ireland (9.25).
In terms of year-on-year variation for 2022, Hungary experienced the highest increase at 7.68%, signifying a notable rise in HVAC costs, followed by Poland at 6.45%. Countries like Denmark (-1.89%), Switzerland (-1.34%), and Luxembourg (-1.35%) saw negative growth, indicating a decrease in HVAC costs for that year. Other countries such as Estonia, Serbia, Croatia, and Romania showed no year-on-year change in 2022.
Future trends to watch in European HVAC HICP include potential increases in energy efficiency and sustainability measures driven by regulatory changes and technological advancements. Additionally, fluctuations in energy prices and raw material costs will play a significant role in shaping the HVAC market. Economic stability and investment in green technologies are likely to influence HVAC cost trends across European countries.
Top countries in HVAC HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 133.15 | 2022 | +17.52% | View data | |
| 2 | 2 Austria | 132.42 | 2022 | +5.71% | +5.24% | View data |
| 3 | 3 Hungary | 132.36 | 2022 | +16.74% | +7.68% | View data |
| 4 | 4 Serbia | 127.1 | 2022 | +18.23% | View data | |
| 5 | 5 Bulgaria | 125.6 | 2022 | +12.05% | +4.05% | View data |
| 6 | 6 Poland | 122.2 | 2022 | +13.89% | +6.45% | View data |
| 7 | 7 Czech Republic | 119.4 | 2022 | +8.25% | +4.95% | View data |
| 8 | 8 Netherlands | 118.79 | 2022 | +9.66% | +4.41% | View data |
| 9 | 9 Macedonia | 116.43 | 2022 | +15.07% | +5.67% | View data |
| 10 | 10 Croatia | 114.96 | 2022 | +12.84% | View data |
