The European import of electric water heaters and immersion heaters shows a mixed landscape across countries. Germany leads significantly, importing 28 million units and seeing steady growth with a 13.43% increase in 2023. The Netherlands and the UK follow, despite the latter experiencing modest growth of 2.2%. Poland and Slovenia also display strong growth at 4.19% and 9.95%, respectively. Meanwhile, countries like Belgium and Denmark report declines. Hungary and Malta show significant increases, with Malta experiencing the largest growth rate of 28.44% in 2023, highlighting pockets of expanding demand.
Future trends to watch in the European import market for electric water heaters and immersion heaters include:
- Increasing adoption of energy-efficient technology, driving replacements and upgrades across Western European countries.
- Potential for growth in Eastern Europe, as economies in these regions continue to develop and modernize their energy appliances.
- Economic factors such as energy prices and regulations influencing the demand for these heating devices.
- The impact of ongoing technological innovations and improvements in heating efficiency and smart technology integration.
Top countries in Import of Electric Water Heaters and Immersion Heaters by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28,000,000 | 2023 | +14.77% | +13.43% | View data |
| 2 | 2 Netherlands | 8,037,500 | 2023 | +17.75% | +10.63% | View data |
| 3 | 3 United Kingdom | 7,740,200 | 2023 | +3.57% | +2.2% | View data |
| 4 | 4 Poland | 5,373,300 | 2023 | +2.47% | +4.19% | View data |
| 5 | 5 Czechia | 3,284,900 | 2023 | |||
| 6 | 6 Spain | 2,720,100 | 2023 | +6.07% | -0.68% | View data |
| 7 | 7 Italy | 2,558,700 | 2023 | +9.24% | +0.7% | View data |
| 8 | 8 Slovenia | 2,462,300 | 2023 | +6.45% | +9.95% | View data |
| 9 | 9 France | 2,319,100 | 2023 | +3.5% | +5.18% | View data |
| 10 | 10 Hungary | 1,760,200 | 2023 | +4.51% | +20.21% | View data |
