As of 2023, Germany imported approximately 16.86 million kilograms of parts for domestic non-electric thermic appliances. The forecast data for 2024 shows a projected import volume of 16.953 million kilograms, increasing to 17.276 million kilograms by 2028. The year-on-year growth rate displays a consistent upward trend at a steady pace. The compounded annual growth rate (CAGR) over the forecast period from 2024 to 2028 indicates a moderate but stable expansion in volume.
Future trends to watch for:
- Potential technological advancements leading to changes in demand.
- Germany's environmental policies affecting import practices.
- Market dynamics in domestic thermic appliance manufacturing which could alter import requirements.
- Geopolitical factors influencing trade relationships and tariff structures.
