Europe: Market for Non-Domestic Heat Exchange Units 2024

Market Size for Non-Domestic Heat Exchange Units in Europe

In 2022, the Europe non-domestic heat exchange unit market was finally on the rise to reach $X after three years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Non-Domestic Heat Exchange Units in Europe

In value terms, non-domestic heat exchange unit production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Non-Domestic Heat Exchange Units

Exports in Europe

In 2022, overseas shipments of non-domestic heat exchange units increased by X% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, exports saw a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, non-domestic heat exchange unit exports expanded significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Italy (X units) and Germany (X units) represented roughly X% of total exports in 2022. Hungary (X units) held the next position in the ranking, followed by Sweden (X units), the UK (X units) and Poland (X units). All these countries together took approx. X% share of total exports. The following exporters - the Czech Republic (X units), Belarus (X units), Spain (X units), France (X units), the Netherlands (X units), Romania (X units) and Slovakia (X units) - together made up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic heat exchange unit supplying countries in Europe were Germany ($X), Italy ($X) and Sweden ($X), with a combined X% share of total exports. France, the UK, Hungary, Poland, Spain, the Czech Republic, the Netherlands, Slovakia, Romania and Belarus lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Belarus, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Imports of Non-Domestic Heat Exchange Units

Imports in Europe

For the third consecutive year, Europe recorded growth in purchases abroad of non-domestic heat exchange units, which increased by X% to X units in 2022. In general, imports recorded a strong expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, non-domestic heat exchange unit imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

Germany (X units) and Switzerland (X units) represented roughly X% of total imports in 2022. Italy (X units) ranks next in terms of the total imports with an X% share, followed by France (X%), Slovakia (X%), Poland (X%) and the UK (X%). The following importers - the Netherlands (X units), Spain (X units), Belgium (X units), Sweden (X units), Austria (X units) and the Czech Republic (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported non-domestic heat exchange units in Europe, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price faced a deep setback. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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