| Product Code: ETC5076964 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of Macedonia saw a significant increase in boilers import shipments in 2024, with top exporting countries being Turkey, China, Hungary, Bulgaria, and Serbia. Despite high concentration levels in 2023, the Herfindahl-Hirschman Index (HHI) remained elevated in 2024. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 stood at 2.51%, while the growth rate from 2023 to 2024 surged to an impressive 98.79%. This indicates a growing demand for boilers in North Macedonia and highlights the strong market potential for international suppliers in the coming years.

In the Europe region, the Boilers market in North Macedonia is projected to expand at a stable growth rate of 1.40% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Boilers Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Boilers Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Boilers Market - Industry Life Cycle |
3.4 Republic of Macedonia Boilers Market - Porter's Five Forces |
3.5 Republic of Macedonia Boilers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Republic of Macedonia Boilers Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Republic of Macedonia Boilers Market Revenues & Volume Share, By Fuel, 2021 & 2031F |
3.8 Republic of Macedonia Boilers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Republic of Macedonia Boilers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions |
4.2.2 Government initiatives promoting the use of renewable energy sources |
4.2.3 Growing investments in infrastructure development |
4.3 Market Restraints |
4.3.1 High initial investment costs for boiler installation |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
5 Republic of Macedonia Boilers Market Trends |
6 Republic of Macedonia Boilers Market Segmentations |
6.1 Republic of Macedonia Boilers Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Boilers Market Revenues & Volume, By |
6.1.3 Republic of Macedonia Boilers Market Revenues & Volume, By 10-50 MMBtu/hr, 2021-2031F |
6.1.4 Republic of Macedonia Boilers Market Revenues & Volume, By 50-100 MMBtu/hr, 2021-2031F |
6.1.5 Republic of Macedonia Boilers Market Revenues & Volume, By 100-250 MMBtu/hr, 2021-2031F |
6.1.6 Republic of Macedonia Boilers Market Revenues & Volume, By >250 MMBtu/hr, 2021-2031F |
6.2 Republic of Macedonia Boilers Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Boilers Market Revenues & Volume, By Fire-tube, 2021-2031F |
6.2.3 Republic of Macedonia Boilers Market Revenues & Volume, By Water-tube, 2021-2031F |
6.3 Republic of Macedonia Boilers Market, By Fuel |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Boilers Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.3.3 Republic of Macedonia Boilers Market Revenues & Volume, By Oil, 2021-2031F |
6.3.4 Republic of Macedonia Boilers Market Revenues & Volume, By Coal, 2021-2031F |
6.4 Republic of Macedonia Boilers Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Boilers Market Revenues & Volume, By Residential, 2021-2031F |
6.4.3 Republic of Macedonia Boilers Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.4 Republic of Macedonia Boilers Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.5 Republic of Macedonia Boilers Market Revenues & Volume, By Utility, 2021-2031F |
7 Republic of Macedonia Boilers Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Boilers Market Export to Major Countries |
7.2 Republic of Macedonia Boilers Market Imports from Major Countries |
8 Republic of Macedonia Boilers Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient boilers in residential and commercial sectors |
8.2 Number of government subsidies or incentives for renewable energy-based boilers |
8.3 Infrastructure spending on building projects requiring boiler installations |
8.4 Percentage change in average selling price of boilers over time |
8.5 Number of new entrants or competitors in the boiler market |
9 Republic of Macedonia Boilers Market - Opportunity Assessment |
9.1 Republic of Macedonia Boilers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Republic of Macedonia Boilers Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Republic of Macedonia Boilers Market Opportunity Assessment, By Fuel, 2021 & 2031F |
9.4 Republic of Macedonia Boilers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Republic of Macedonia Boilers Market - Competitive Landscape |
10.1 Republic of Macedonia Boilers Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Boilers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |