The compressors for refrigeration equipment market in Croatia has steadily grown from 2013 to 2023. By 2023, the market size value reached 10.525 million Euros. Notably, the market experienced significant year-on-year variations, particularly with a sharp decrease in 2020 followed by a robust recovery in 2021. Recent years, 2022 and 2023, witnessed modest growth rates of 2.45% and 2.34% respectively. Over the last five years, the compound annual growth rate (CAGR) was 3.33%.
Future trends to watch for:
- Technological advancements in compressor efficiency and sustainability.
- Potential economic shifts in the region affecting purchasing power.
- Increased demand for eco-friendly refrigeration solutions.
How does Croatia rank in Compressors for Refrigeration Equipment Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 624,410,000 | 2023 | -5.89% | -4.31% | View data |
| 2 | 2 Italy | 568,400,000 | 2023 | +1.8% | +1.33% | View data |
| 3 | 3 Spain | 409,170,000 | 2023 | +8.4% | +2.55% | View data |
| 4 | 4 France | 332,060,000 | 2023 | -0.37% | +0.2% | View data |
| 5 | 5 Czech Republic | 244,100,000 | 2023 | +1.59% | +1.48% | View data |
| 6 | 6 Sweden | 67,806,000 | 2023 | +0.34% | +0.59% | View data |
| 7 | 7 Finland | 30,635,000 | 2023 | +5.16% | +3.95% | View data |
| 8 | 8 Croatia | 10,525,000 | 2023 | +2.34% | +3.33% |
