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Germany - Electric Storage Heating Radiators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Heating Radiator Price in Germany - 2023
Contents:
- Electric Heating Radiator Price in Germany (FOB) - 2023
- Electric Heating Radiator Price in Germany (CIF) - 2023
- Electric Heating Radiator Exports in Germany
- Electric Heating Radiator Imports in Germany
Electric Heating Radiator Price in Germany (FOB) - 2023
The average electric heating radiator export price stood at $135 per unit in August 2023, with a decrease of -9.3% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 22% month-to-month. Over the period under review, the average export prices hit record highs at $158 per unit in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Ireland ($149 per unit), while the average price for exports to Austria ($91.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Radiator Price in Germany (CIF) - 2023
The average electric heating radiator import price stood at $114 per unit in August 2023, rising by 7.2% against the previous month. Overall, import price indicated a notable increase from August 2022 to August 2023: its price increased at an average monthly rate of +3.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric heating radiator import price increased by +66.7% against May 2023 indices. The pace of growth was the most pronounced in June 2023 when the average import price increased by 67% m-o-m. Over the period under review, average import prices hit record highs at $129 per unit in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($369 per unit), while the price for Poland ($33.8 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 Austria (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Radiator Exports in Germany
In 2022, exports of electric storage heating radiators from Germany skyrocketed to 348K units, increasing by 91% against 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 95% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, electric heating radiator exports surged to $24M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.7% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. The exports peaked in 2022 and are likely to continue growth in the near future.
Export of Electric Heating Radiator in Germany (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 6.4 | 5.3 | 8.8 | 9.5 | 14.1% |
Belgium | 1.9 | 1.6 | 2.8 | 4.2 | 30.3% |
Poland | 0.5 | 0.9 | 1.2 | 1.5 | 44.2% |
Switzerland | 1.1 | 1.2 | 1.4 | 1.1 | 0.0% |
Austria | 0.8 | 0.8 | 0.9 | 1.1 | 11.2% |
Netherlands | N/A | N/A | N/A | 1.0 | 0% |
Ireland | N/A | N/A | N/A | 0.8 | 0% |
France | 0.5 | 0.4 | 0.4 | 0.7 | 11.9% |
Slovakia | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
Egypt | 0.5 | 1.3 | 0.6 | 0.6 | 6.3% |
Czech Republic | 0.2 | 0.3 | 0.3 | 0.5 | 35.7% |
Hungary | 0.2 | 0.2 | 0.2 | 0.5 | 35.7% |
Spain | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Others | 1.4 | 1.6 | 1.9 | 1.6 | 4.6% |
Total | 14.0 | 14.1 | 19.1 | 24.1 | 19.8% |
Top Export Markets for Electric Heating Radiator from Germany in 2022:
- United Kingdom (107.3K units)
- Belgium (83.8K units)
- Poland (22.7K units)
- Ireland (18.4K units)
- Austria (15.5K units)
- Egypt (14.1K units)
- Netherlands (12.2K units)
- Switzerland (11.4K units)
- France (10.2K units)
- Czech Republic (8.7K units)
- Slovakia (8.7K units)
- Hungary (8.1K units)
- Spain (5.5K units)
Electric Heating Radiator Imports in Germany
Electric heating radiator imports into Germany surged to 140K units in 2022, with an increase of 54% compared with 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 57% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, electric heating radiator imports surged to $11M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% 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 +85.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Electric Heating Radiator in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 3.9 | 1.8 | 3.2 | 4.7 | 6.4% |
China | 1.0 | 0.4 | 0.4 | 2.1 | 28.1% |
Netherlands | N/A | 5.2 | 2.9 | 1.3 | -50.0% |
Czech Republic | 0.5 | N/A | N/A | 1.3 | 37.5% |
Austria | N/A | 0.3 | 0.4 | 0.5 | 29.1% |
Poland | 0.1 | 0.1 | 0.4 | 0.2 | 26.0% |
Slovenia | N/A | N/A | N/A | 0.2 | 0% |
Others | 0.2 | 0.6 | 0.4 | 0.4 | 26.0% |
Total | 5.8 | 8.3 | 7.8 | 10.7 | 22.6% |
Top Suppliers of Electric Heating Radiator to Germany in 2022:
- Czech Republic (36.8K units)
- United Kingdom (32.8K units)
- Netherlands (25.7K units)
- China (22.4K units)
- Poland (9.3K units)
- Slovenia (4.2K units)
- Austria (3.6K units)
This report provides an in-depth analysis of the electric heating radiator market in Germany. 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 27512630 - Electric storage heating radiators
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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