Italy leads European exports of refrigeration equipment with a 20.44% share, followed by Germany (10.94%) and Austria (10.33%). Notably, the Netherlands experienced rapid growth with an 11.87% increase in 2023. Slovakia and Sweden also showed significant gains with 25.2% and 44.71% growth, respectively. In contrast, Spain and Denmark experienced a decline in exports at -7.27% and -3.52%. The UK decreased by 12.81%, reflecting a notable downturn in export volumes.
Future trends to watch for include:
- Continued growth in Dutch exports, driven by technological innovation and increased demand.
- Potential rebounds in the UK market, depending on post-Brexit trade dynamics and energy policies.
- Increased intra-European collaborations to boost competitiveness and market reach.
Top countries in Export of Refrigeration and Freezing Equipment and Heat Pumps, Except Household Type Equipment Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20.44 | 2023 | +3.7% | +1.04% | View data |
| 2 | 2 Germany | 10.94 | 2023 | +4.38% | +0.86% | View data |
| 3 | 3 Austria | 10.33 | 2023 | +3.01% | -1.05% | View data |
| 4 | 4 Netherlands | 7.67 | 2023 | +10.73% | +11.87% | View data |
| 5 | 5 Romania | 6.05 | 2023 | +3.86% | +3.52% | View data |
| 6 | 6 Spain | 5.17 | 2023 | +8.47% | -7.27% | View data |
| 7 | 7 Belgium | 5.17 | 2023 | +9.02% | +3.27% | View data |
| 8 | 8 Slovakia | 4.57 | 2023 | +6.46% | +25.2% | View data |
| 9 | 9 Denmark | 3.84 | 2023 | -1.92% | -3.52% | View data |
| 10 | 10 Sweden | 3.61 | 2023 | +0.67% | +44.71% | View data |
