In 2023, Italy led the European export market for refrigeration and freezing equipment and heat pumps with a significant volume, followed by Germany and Austria. Notable growth was witnessed in the Netherlands and Sweden with robust year-on-year increases. However, Spain and Denmark experienced notable declines, highlighting regional variances. A five-year CAGR analysis reveals an overall steady growth with Ireland and Greece showing promising potential, while countries like Croatia and the UK faced setbacks.
Future trends to watch include the anticipated rise in eco-friendly technologies and increasing demand from emerging European economies, suggesting a potential shift in export dynamics and innovation-driven growth in this sector.
Top countries in Export of Refrigeration and Freezing Equipment and Heat Pumps, Except Household Type Equipment by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 781,290 | 2023 | +3.7% | +1.04% | View data |
| 2 | 2 Germany | 418,040 | 2023 | +4.38% | +0.86% | View data |
| 3 | 3 Austria | 394,890 | 2023 | +3.01% | -1.05% | View data |
| 4 | 4 Netherlands | 293,250 | 2023 | +10.73% | +11.87% | View data |
| 5 | 5 Romania | 231,170 | 2023 | +3.86% | +3.52% | View data |
| 6 | 6 Spain | 197,660 | 2023 | +8.47% | -7.27% | View data |
| 7 | 7 Belgium | 197,530 | 2023 | +9.02% | +3.27% | View data |
| 8 | 8 Slovakia | 174,770 | 2023 | +6.46% | +25.2% | View data |
| 9 | 9 Denmark | 146,910 | 2023 | -1.92% | -3.52% | View data |
| 10 | 10 Sweden | 138,100 | 2023 | +0.67% | +44.71% | View data |
