In 2023, Germany led European imports of compressors for refrigeration equipment at 21.66%, showing a 1.84% increase from the previous year. Italy and Poland followed, with Italy decreasing by 1.97% and Poland increasing by 3.97%. Notable growth was also seen in Romania (4.94%) and Sweden (6.89%), while countries like Denmark (-3.55%) and Finland (-2.81%) saw declines. The United Kingdom and Belgium also experienced declines, at 0.49% and 2.98%, respectively. Estonia and Ireland experienced the highest growth rates at 9.82% and 8.25%, respectively. Meanwhile, smaller economies like Cyprus and Luxembourg faced declines.
Looking forward, significant future trends to watch include:
- The potential stabilization of leading importers like Germany continues to show incremental growth.
- The recovery of markets such as Italy and Hungary, which experienced recent declines, may significantly influence the overall landscape.
- Increased investment in green technologies might drive higher demand in countries currently experiencing significant growth, such as Romania and Ireland.
- Impact of evolving EU regulations and sustainability directives on market dynamics and distribution among countries.
Top countries in Import of Compressors for Refrigeration Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 21.66 | 2023 | +4.63% | +1.84% | View data |
| 2 | 2 Italy | 11.21 | 2023 | +2.66% | -1.97% | View data |
| 3 | 3 Poland | 9.65 | 2023 | +2.42% | +3.97% | View data |
| 4 | 4 Spain | 9.53 | 2023 | +4.58% | +2.37% | View data |
| 5 | 5 France | 7.9 | 2023 | +13% | +2.58% | View data |
| 6 | 6 Hungary | 7.49 | 2023 | +1.1% | -0.67% | View data |
| 7 | 7 Romania | 7.19 | 2023 | +3.01% | +4.94% | View data |
| 8 | 8 Czechia | 4.28 | 2023 | |||
| 9 | 9 Slovakia | 3.82 | 2023 | -0.31% | -0.97% | View data |
| 10 | 10 Netherlands | 3.55 | 2023 | +11.17% | +0.097% | View data |
