Italy - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHeat Pump Price in Italy - 2023
Contents:
- Heat Pump Price in Italy (CIF) - 2022
- Heat Pump Price in Italy (FOB) - 2023
- Heat Pump Imports in Italy
- Heat Pump Exports in Italy
Heat Pump Price in Italy (CIF) - 2022
In 2022, the average heat pump import price amounted to $1,183 per unit, with a decrease of -2.4% against the previous year. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 6.2%. As a result, import price attained the peak level of $1,665 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,811 per unit), while the price for China ($1,032 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Heat Pump Price in Italy (FOB) - 2023
The average heat pump export price stood at $1,881 per unit in August 2023, reducing by -17.5% against the previous month. Over the period under review, export price indicated pronounced growth from August 2022 to August 2023: its price increased at an average monthly rate of +2.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, heat pump export price decreased by -17.5% against July 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 23% m-o-m. The export price peaked at $2,280 per unit in July 2023, and then fell notably in the following month.
Average prices varied somewhat for the major external markets. In August 2023, the highest price was recorded for prices to Switzerland ($2,108 per unit) and the UK ($2,073 per unit), while the average price for exports to Portugal ($1,519 per unit) and Hungary ($1,553 per unit) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Heat Pump Imports in Italy
In 2022, the amount of heat pumps other than air conditioning machines imported into Italy skyrocketed to 427K units, growing by 97% against 2021. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, heat pump imports surged to $505M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Heat Pump in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.1 | 39.0 | 99.9 | 257 | 114.3% |
| Germany | 12.8 | 12.1 | 36.7 | 59.0 | 66.4% |
| France | 52.7 | 39.0 | 47.4 | 55.6 | 1.8% |
| Czech Republic | 2.8 | 0.7 | 31.8 | 46.3 | 154.8% |
| Japan | 6.8 | 5.6 | 6.4 | 18.0 | 38.3% |
| United Kingdom | 2.6 | 0.8 | 0.3 | 12.8 | 70.1% |
| Spain | 4.6 | 5.4 | 9.1 | 11.9 | 37.3% |
| Others | 22.9 | 10.4 | 30.5 | 44.9 | 25.2% |
| Total | 131 | 113 | 262 | 505 | 56.8% |
Top Suppliers of Heat Pump to Italy in 2022:
- China (248.7K units)
- France (47.4K units)
- Germany (41.1K units)
- Czech Republic (28.5K units)
- United Kingdom (11.3K units)
- Japan (9.9K units)
- Spain (8.8K units)
Heat Pump Exports in Italy
Heat pump exports from Italy soared to 241K units in 2022, jumping by 37% compared with 2021 figures. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, heat pump exports skyrocketed to $342M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heat Pump in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 24.9 | 27.2 | 37.9 | 53.8 | 29.3% |
| Spain | 17.2 | 17.9 | 32.9 | 36.2 | 28.2% |
| Poland | 4.4 | 6.6 | 9.9 | 27.1 | 83.3% |
| Germany | 12.4 | 13.9 | 17.8 | 24.6 | 25.7% |
| Netherlands | 9.4 | 13.6 | 16.7 | 22.2 | 33.2% |
| United Kingdom | 14.9 | 17.1 | 16.4 | 19.3 | 9.0% |
| Switzerland | 3.6 | 12.0 | 13.6 | 17.2 | 68.4% |
| Greece | 3.0 | 3.0 | 14.2 | 15.1 | 71.4% |
| Romania | 3.8 | 2.4 | 3.0 | 9.7 | 36.7% |
| Croatia | 2.1 | 2.4 | 2.3 | 7.8 | 54.9% |
| Belgium | 3.2 | 4.6 | 6.3 | 7.8 | 34.6% |
| Hungary | 2.4 | 3.3 | 3.8 | 6.8 | 41.5% |
| Czech Republic | 2.1 | 2.2 | 2.8 | 6.7 | 47.2% |
| Others | 79.4 | 74.0 | 72.8 | 87.7 | 3.4% |
| Total | 183 | 200 | 250 | 342 | 23.2% |
Top Export Markets for Heat Pump from Italy in 2022:
- France (39.4K units)
- Spain (29.0K units)
- Poland (20.3K units)
- Netherlands (19.1K units)
- Germany (16.4K units)
- United Kingdom (11.0K units)
- Switzerland (10.9K units)
- Greece (10.2K units)
- Romania (6.5K units)
- Hungary (6.0K units)
- Croatia (5.8K units)
- Belgium (5.8K units)
- Czech Republic (5.5K units)
This report provides an in-depth analysis of the heat pump market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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