In 2023, European sold production of parts for refrigerating or freezing equipment and heat pumps varied by country. Italy led with the highest production values but faced a slight decline, while Germany also experienced a decrease. Belgium, Austria, France, Portugal, Hungary, Estonia, Romania, Greece, and Finland saw positive growth. Notably, Hungary and Romania experienced strong year-on-year growth rates, whereas the United Kingdom and Denmark faced declines.
Future trends to watch include advancements in energy-efficient technologies and regulatory changes across Europe. Countries that adapt quickly to these trends may experience an increase in production and market share in this sector.
Top countries in Sold Production of Parts of Refrigerating or Freezing Equipment and Heat Pumps by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 377,480,000 | 2023 | +4.09% | -3.14% | View data |
| 2 | 2 Germany | 258,430,000 | 2023 | -0.68% | -3.23% | View data |
| 3 | 3 Belgium | 202,040,000 | 2023 | +2.47% | +1.66% | View data |
| 4 | 4 Austria | 125,330,000 | 2023 | +2.27% | +3.25% | View data |
| 5 | 5 Spain | 102,080,000 | 2023 | +1.1% | -0.88% | View data |
| 6 | 6 Hungary | 79,203,000 | 2023 | +5.97% | +13.68% | View data |
| 7 | 7 Sweden | 61,789,000 | 2021 | +12.32% | +2.95% | View data |
| 8 | 8 France | 57,827,000 | 2023 | +3.34% | +7.94% | View data |
| 9 | 9 Portugal | 52,996,000 | 2023 | +3.33% | +9.67% | View data |
| 10 | 10 Poland | 48,180,000 | 2023 | +2.46% | +0.62% | View data |
