In 2023, Poland dominated European production of ventilating or recycling hoods, accounting for 41.91% of units produced. Italy followed with 32.91%, while Germany held 15.01%. Portugal, Spain, France, Finland, and the UK had lesser shares, with Finland showing the most significant increase of 21.47% year-on-year. Other notable changes include a decline in Italy's output by 10.79% and growth in Portugal and Spain by 5.07% and 7.16%, respectively. Despite these fluctuations, a five-year analysis shows Poland's steady rise and Italy's decline, indicating a shift in production dynamics within Europe.
Future trends to watch include Poland's continued expansion in market share, potential recovery in Italy's production levels, and steady competition from smaller markets like Portugal and Finland. Monitoring technology advancements and economic policies will be essential in forecasting the production landscape.
Top countries in Sold Production of Ventilating or Recycling Hoods Incorporating a Fan, with a Maximum Horizontal Side Less than 120 cm Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 41.91 | 2023 | +2.2% | +1.66% | View data |
| 2 | 2 Italy | 32.91 | 2023 | -13.93% | -10.79% | View data |
| 3 | 3 Germany | 15.01 | 2023 | +1.28% | -1.4% | View data |
| 4 | 4 Portugal | 7.24 | 2023 | +5.6% | +5.07% | View data |
| 5 | 5 Spain | 2.87 | 2023 | +3.59% | +7.16% | View data |
| 6 | 6 France | 0.74 | 2023 | -3.11% | +4.99% | View data |
| 7 | 7 Finland | 0.51 | 2023 | +11.75% | +21.47% | View data |
| 8 | 8 United Kingdom | 0.16 | 2023 | +2.06% | +1.75% | View data |
