The import volumes of parts for central heating boilers in the Netherlands have shown considerable volatility from 2013 to 2023. While there were significant fluctuations in some years, like the sharp rise of 85.7% in 2015 and the drop of 13.69% in 2020, a general upward trend is observed in recent years.
In 2023, the volume stood at 21.416 million kilograms, marking a 3.36% increase from the previous year. Over the last five years (2018-2023), the average annual growth rate (CAGR) was 4.54%, indicating a steady increase in imports.
Looking ahead, the forecast data suggest a continued rise in import volumes with an expected CAGR of 2.48% from 2024 to 2028, ultimately leading to a growth rate of 13.03% by 2028.
Future trends to watch for:
- Technological advancements in boiler parts that can drive demand.
- Changing government regulations and energy efficiency standards impacting import requirements.
- Economic factors and their influence on construction and renovation activities.