The 2024 forecast indicates the United Kingdom leading with 1.8774 million items in central heating radiators and boilers production, followed by Italy's 1.5715 million and Germany's 0.79578 million. Significant year-on-year variations include Bosnia and Herzegovina at a 50.18% increase, Portugal at 10.14%, and Austria at 20.57%. Conversely, Estonia saw a 12.12% decrease, with other declines noted in Finland, Denmark, and Slovenia. Over the last five years, the compound annual growth rate (CAGR) has highlighted robustness in select smaller markets, despite overall European stability.
Future trends to watch include the potential for increased production driven by energy efficiency regulations, as well as the adoption of sustainable heating technologies across Europe. Markets may also witness a shift toward countries with lower production costs, influencing the overall distribution of manufacturing within the continent.
Top countries in Sold Production of Central Heating Radiators and Boilers by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,877,400 | 2023 | +2.32% | +0.95% | View data |
| 2 | 2 Italy | 1,571,500 | 2023 | -0.99% | -3.11% | View data |
| 3 | 3 Germany | 795,780 | 2021 | +5.83% | View data | |
| 4 | 4 Netherlands | 692,970 | 2023 | +1.91% | +1.06% | View data |
| 5 | 5 France | 670,590 | 2023 | +7.21% | +4.03% | View data |
| 6 | 6 Slovakia | 644,480 | 2023 | +2.96% | +2.55% | View data |
| 7 | 7 Poland | 416,970 | 2023 | -0.094% | -1.92% | View data |
| 8 | 8 Bosnia and Herzegovina | 163,160 | 2023 | +6.94% | +50.18% | View data |
| 9 | 9 Portugal | 125,270 | 2023 | -0.084% | +10.14% | View data |
| 10 | 10 Austria | 117,720 | 2023 | +1.97% | +20.57% | View data |
