Refrigerant prices: signs of stability in the European market in the fourth quarter of 2025

Regular monitoring of refrigerant prices is one of the most useful tools for understanding the evolution of the European HVAC/R market, especially in a phase characterized by significant regulatory and technological transformations.

The data relating to the fourth quarter of 2025 confirm a general trend towards price stabilization along the supply chain , after the strong fluctuations recorded in previous years following the introduction of the HFC phase-down and market supply dynamics.

The monitoring, carried out through a survey involving gas producers, distributors, OEMs, and service companies, allows us to analyze price trends at different levels of the supply chain and identify the main trends in the refrigerant market.

HFCs and low-GWP alternatives: differing trends

The analysis highlights how price changes are not uniform across all refrigerant types. For traditional HFCs , some categories have seen slight increases along the supply chain, while for other products, the market has shown more stable trends.

In previous monitoring, for example, average purchase prices for HFCs reported by OEMs had shown an average increase of 3%, with more marked changes for some refrigerants such as R32.

At the same time, low-GWP alternatives are taking on an increasingly important role in the market, although their price trend depends on factors such as availability, technology diffusion and demand for different applications.

The impact of F-Gas policies on the refrigerant market

The evolution of refrigerant prices is closely linked to the European regulatory framework, in particular the F-Gas Regulation , which provides for a progressive reduction in the quotas of HFCs placed on the market.

The HFC phase-down and progressive restrictions on high-GWP applications are in fact affecting product availability and steering the market towards alternative solutions with a lower climate impact.

This process is helping to redefine pricing dynamics along the entire supply chain, involving manufacturers, distributors, and refrigeration operators.

A market in transition between regulations and technological innovation

Overall, the fourth quarter of 2025 monitoring highlights a progressively evolving refrigerant market. The balance between product availability, regulatory changes, and the spread of new technologies continues to influence pricing dynamics and the decisions of industry professionals.

For HVAC/R designers, installers, and operators, market data analysis is an important tool for anticipating industry trends and guiding technical and commercial decisions in a rapidly evolving environment.