Sales of EU heat pumps decreased by 5% in 2023
Attachment 240229 Europe 2023 Heat Pump Results Figures-for-2023-heat-pump-data-launch_FINAL_European-Heat-Pump-Association.pdf File Save computers in downloads
Save to Neighbor MYBOX2024.2.29Most European countries’ heat pump sales fell in 2023. Why? Changing support for people buying a heat pump High electricity prices vs low gas So?The Thisunsetting Investor & cards with the total number of 20237 million won in the total amount of the total number of two years.This is the past year’s sales increased every yearIt’s a decade trend.The economy has already decreased or less than 3,000 workers, traders said, and compared to the change of the European workers, and compared to the European workers in Sweden.Portuguese, Belgium, Norway, Norway, Netherlands, Netherlands, Germany, Germany, Germany, Germany, Germany, Germany, Germany, Germany, and Germany, Germany, Germany, Germany, and Germany.In addition, many countries, many countries have decreased sales in the end of 2023, which showed the overall growth of the year.The market analyst said that the decline in this fall in 2024.2024.2.29Most European countries’ heat pump sales fell in 2023. Why? Changing support for people buying a heat pump High electricity prices vs low gas So? This means unsettled investors & consumers… It means heat pumps are not financially rewarding While the EU delays the measure, sales of heat pumps fell 5% in 2023 in 14 European countries, #heatpump sales decreased from 2.77 million units to 2.64 million units. This is because overall sales have been increasing every year in the past It’s a reversal of the ten-year trend. The slowdown has already reduced or cut manufacturers’ jobs, and the changes announced so far are expected to affect around 3,000 employees. France, Italy, Sweden, Finland, Poland, Denmark, Austria and Switzerland all saw heat pump sales fall last year. Increased in Portugal, Belgium, Norway, the Netherlands, Spain and Germany but not enough to offset the overall decline*. In addition, even in many countries that showed overall growth, quarterly sales declined at the end of 2023 (Figure 3). Market analysts expect the decline to continue until 2024.2024.2.29Most European countries’ heat pump sales fell in 2023. Why? Changing support for people buying a heat pump High electricity prices vs low gas So? This means unsettled investors & consumers… It means heat pumps are not financially rewarding While the EU delays the measure, sales of heat pumps fell 5% in 2023 in 14 European countries, #heatpump sales decreased from 2.77 million units to 2.64 million units. This is because overall sales have been increasing every year in the past It’s a reversal of the ten-year trend. The slowdown has already reduced or cut manufacturers’ jobs, and the changes announced so far are expected to affect around 3,000 employees. France, Italy, Sweden, Finland, Poland, Denmark, Austria and Switzerland all saw heat pump sales fall last year. Increased in Portugal, Belgium, Norway, the Netherlands, Spain and Germany but not enough to offset the overall decline*. In addition, even in many countries that showed overall growth, quarterly sales declined at the end of 2023 (Figure 3). Market analysts expect the decline to continue until 2024.*These 14 countries account for 90% of the 2023 European heat pump market. www.ehpa.org/wp-content/uploads/2024/02/Figures-for-2023-heat-pump-data-launch_FINAL_European-Heat-Pump-Association.pdf