Benelux: Hvac Equipment Market 2024

Hvac Equipment Market Size in Benelux

The Benelux HVAC equipment market skyrocketed to $X in 2022, surging by X% against the previous year. The total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Hvac Equipment Production in Benelux

In value terms, HVAC equipment production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a mild descent. The growth pace was the most rapid in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Hvac Equipment Exports

Exports in Benelux

In 2022, the amount of HVAC equipment exported in Benelux skyrocketed to X units, jumping by X% compared with the year before. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, HVAC equipment exports expanded rapidly to $X in 2022. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

The Netherlands was the key exporter of HVAC equipment in Benelux, with the volume of exports accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by Belgium (X units), committing a X% share of total exports.

The Netherlands was also the fastest-growing in terms of the HVAC equipment exports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, the Netherlands ($X) remains the largest HVAC equipment supplier in Benelux, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

In the Netherlands, HVAC equipment exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat 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 Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Hvac Equipment Imports

Imports in Benelux

For the third year in a row, Benelux recorded growth in purchases abroad of HVAC equipment, which increased by X% to X units in 2022. In general, imports showed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, HVAC equipment imports amounted to $X in 2022. Over the period under review, imports saw prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units) represented the key importer of HVAC equipment, comprising X% of total imports. It was distantly followed by Belgium (X units), constituting an X% share of total imports.

The Netherlands was also the fastest-growing in terms of the HVAC equipment imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported HVAC equipment in Benelux, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

In the Netherlands, HVAC equipment imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform