Germany: Hvac Equipment Market 2024

Hvac Equipment Market Size in Germany

For the third year in a row, the German HVAC equipment market recorded growth in sales value, which increased by X% to $X in 2022. In general, consumption enjoyed a resilient expansion. Consumption peaked in 2022 and is likely to see gradual growth in the near future.

Hvac Equipment Production in Germany

In value terms, HVAC equipment production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Hvac Equipment Exports

Exports from Germany

In 2022, shipments abroad of HVAC equipment increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports saw a measured expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, HVAC equipment exports dropped to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Italy (X units), Hungary (X units) and the United States (X units) were the main destinations of HVAC equipment exports from Germany, with a combined X% share of total exports.

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

In value terms, the United States ($X), France ($X) and Italy ($X) constituted the largest markets for HVAC equipment exported from Germany worldwide, together comprising X% of total exports. The Netherlands, Poland, Austria, China, Spain, the UK, the Czech Republic, Belgium, Turkey and Hungary lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average HVAC equipment export price amounted to $X per unit, which is down by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hvac Equipment Imports

Imports into Germany

In 2022, purchases abroad of HVAC equipment increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, HVAC equipment imports rose significantly to $X in 2022. Overall, total imports indicated a buoyant increase 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, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of 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

China (X units), the Netherlands (X units) and Slovenia (X units) were the main suppliers of HVAC equipment imports to Germany, with a combined X% share of total imports. Hungary, Vietnam, Italy, the Czech Republic, the United States, Poland, France, Turkey, Sweden and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest HVAC equipment suppliers to Germany were China ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports. Hungary, France, the Czech Republic, Sweden, Poland, the United States, Slovenia, Turkey, Taiwan (Chinese) and Vietnam lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average HVAC equipment import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Vietnam ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform