United Kingdom - Heat Pumps other than Air Conditioning Machines - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHeat Pump Price in the UK - 2023
Contents:
- Heat Pump Price in the UK (CIF) - 2023
- Heat Pump Price in the UK (FOB) - 2022
- Heat Pump Imports in the UK
- Heat Pump Exports in the UK
Heat Pump Price in the UK (CIF) - 2023
The average heat pump import price stood at $2,043 per unit in August 2023, picking up by 9.5% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 11% m-o-m. Over the period under review, average import prices reached the peak figure in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Slovenia ($3,676 per unit), while the price for Ireland ($686 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Heat Pump Price in the UK (FOB) - 2022
In 2022, the average heat pump export price amounted to $1,276 per unit, reducing by -25.6% against the previous year. Over the period under review, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38%. As a result, the export price reached the peak level of $1,716 per unit, and then fell rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($4,659 per unit), while the average price for exports to Sweden ($1,024 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 Singapore (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Heat Pump Imports in the UK
Heat pump imports into the UK expanded to 100K units in 2022, surging by 2.5% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 53% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, heat pump imports fell modestly to $172M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $178M, and then reduced slightly in the following year.
Import of Heat Pump in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 56.7 | 48.7 | 70.7 | 46.2 | -6.6% |
Italy | 13.4 | 10.3 | 6.9 | 20.9 | 16.0% |
Germany | 7.9 | 7.2 | 14.7 | 15.9 | 26.3% |
China | 2.1 | 2.2 | 6.5 | 13.9 | 87.8% |
Japan | 4.6 | 2.8 | 10.1 | 13.2 | 42.1% |
Sweden | 9.0 | 17.0 | 13.6 | 12.8 | 12.5% |
Czech Republic | 2.6 | 3.1 | 11.9 | 8.4 | 47.8% |
Malaysia | 1.5 | 1.5 | 5.4 | 7.0 | 67.1% |
Ireland | 24.7 | 9.1 | 23.2 | 0.6 | -71.0% |
Others | 7.2 | 11.4 | 14.9 | 33.4 | 66.8% |
Total | 130 | 113 | 178 | 172 | 9.8% |
Top Suppliers of Heat Pump to the UK in 2022:
- France (26.6K units)
- China (11.7K units)
- Italy (11.1K units)
- Japan (7.3K units)
- Germany (7.3K units)
- Sweden (6.1K units)
- Malaysia (5.2K units)
- Czech Republic (4.8K units)
- Ireland (0.5K units)
Heat Pump Exports in the UK
After two years of decline, overseas shipments of heat pumps other than air conditioning machines increased by 910% to 77K units in 2022. Overall, exports saw significant growth. 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 $99M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Heat Pump in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.5 | 0.5 | 1.9 | 25.6 | 271.3% |
Germany | 2.4 | 0.2 | 0.9 | 20.7 | 105.1% |
Italy | 1.2 | 0.6 | 0.5 | 14.6 | 130.0% |
Sweden | N/A | N/A | 0.5 | 13.1 | 2520.0% |
Spain | 0.1 | 0.3 | 0.3 | 7.5 | 321.7% |
Ireland | 6.7 | 6.1 | 6.4 | 6.7 | 0.0% |
Slovenia | N/A | N/A | N/A | 2.2 | 0% |
Netherlands | 2.2 | 2.4 | 0.2 | 1.8 | -6.5% |
Others | 2.5 | 1.2 | 2.3 | 6.3 | 36.1% |
Total | 15.6 | 11.3 | 13.1 | 98.5 | 84.8% |
Top Export Markets for Heat Pump from the UK in 2022:
- France (19.9K units)
- Germany (15.8K units)
- Sweden (12.8K units)
- Italy (12.2K units)
- Spain (5.1K units)
- Ireland (3.9K units)
- Slovenia (2.0K units)
- Netherlands (1.5K units)
This report provides an in-depth analysis of the heat pump market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the heat pump market in the UK.
This report provides an in-depth analysis of the commercial refrigeration equipment market in the UK.
This report provides an in-depth analysis of the domestic appliances market in the UK.
This report provides an in-depth analysis of the refrigerator and freezer market in the UK.
This report provides an in-depth analysis of the non-combined refrigerator-freezer market in the UK.
This report provides an in-depth analysis of the refrigerating show-cases market in the UK.
This report provides an in-depth analysis of the household refrigerator market in the UK.
This report provides an in-depth analysis of the refrigerator or freezer market in the UK.
This report provides an in-depth analysis of the built-in refrigerator market in the UK.
This report provides an in-depth analysis of the combined refrigerator-freezer market in the UK.
During the review period, imports of Commercial Refrigeration Equipment reached 359K units in June 2023, but decreased to a lower figure from July to December 2023. The import value also reduced to $73M in December 2023.
During the period being analyzed, imports of Refrigerator and Freezer reached an all-time high of 544K units in June 2023, and then remained stable until October 2023. In terms of value, the imports of Refrigerator and Freezer totaled $86M in October 2023.
Explore the top import markets for heat pumps around the world in 2023 based on data from IndexBox. Discover key statistics and trends in the global heat pump market.
Explore the top import markets for commercial refrigeration equipment, including the United States, Germany, France, and more. Discover key statistics and trends in this growing market.
Explore the world's best import markets for refrigerators and freezers, backed by key statistics and data from the IndexBox market intelligence platform.
The global refrigerator and freezer market revenue amounted to $72.8B in 2017, picking up by 19% against the previous year...
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
In 2016, the amount of refrigerator imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over t...
Mexico edged ahead of China in the global refrigerator and freezer trade with $X in total sales. In 2014, these two countries were the main global suppliers of refrigerators and freezers with a combined share of X% of global exports. Mexico's mai
In 2013, China (X million units) and the Republic of Korea (X million units) were the main exporters of combined refrigerators and freezers in the world, together comprising X% of global exports.