In Q4-2024 (pre-estimates) world trade of Heat Pumps recorded a new year-over-year decrease (-8.8%) in EUR, after -34.4% y-o-y in the first 3 quarters of 2024. In cumulative terms, in year 2024 world trade of Heat Pumps recorded a year-over-year decrease of -29.4% in EUR.
As regards major competitors, in year 2024 all the main exporters (especially Japan and Sweden) recorded negative Y-o-Y performances in EUR.