The European Repair of Household Appliances HICP exhibits significant variation across countries. Lithuania leads with a value of 17.967, followed by Hungary and the Czech Republic. Year-on-year changes indicate high growth in Lithuania and Hungary, while more mature markets like France and Italy show modest gains. Over the past two years, Lithuania and Hungary saw the most substantial increases. Despite varying rates of growth, the five-year CAGR suggests a steady upward trend in most countries, with Eastern Europe typically seeing larger shifts.
Future trends to monitor include:
- Fluctuations in energy prices affecting repair costs.
- Technological advancements potentially reducing repair frequencies.
- The impact of environmental regulations on appliance lifespan and repair necessity.
- Potential shifts in consumer behavior towards more sustainable practices and repairs.
Top countries in Repair of Household Appliances HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 179.67 | 2022 | +18.81% | +8.17% | View data |
| 2 | 2 Hungary | 162.66 | 2022 | +15.74% | +8.53% | View data |
| 3 | 3 Czech Republic | 160.9 | 2022 | +13.55% | +6.8% | View data |
| 4 | 4 Iceland | 139.87 | 2022 | +7.67% | +5.87% | View data |
| 5 | 5 Poland | 132.2 | 2022 | +12.51% | +5.14% | View data |
| 6 | 6 Netherlands | 131.91 | 2022 | +6.51% | +6.35% | View data |
| 7 | 7 Austria | 130.45 | 2022 | +9.02% | +4.97% | View data |
| 8 | 8 Bulgaria | 129.93 | 2022 | +14.01% | +4.94% | View data |
| 9 | 9 Estonia | 129.49 | 2022 | +7.85% | +5.2% | View data |
| 10 | 10 Romania | 124.68 | 2022 | +7.09% | +4.15% | View data |
