The European import market for electric storage heating radiators in 2023 was led by the United Kingdom with a substantial share of 46.73%, followed by France at 20.51% and Germany at 4.3%. While the UK maintained strong growth at 5% year-on-year, Germany saw significant growth at 39.43%, indicating a dynamic increase in market demand. The Netherlands and Portugal also exhibited positive growth with increases of 8.9% and 18.54%, respectively. Conversely, several countries such as Sweden (-5.57%) and Spain (-17.24%) experienced declines.
Future trends to monitor include the continued growth in Germany's share of European imports, driven by increasing demand for renewable and energy-efficient solutions. The market may also witness rising demand in Eastern European countries due to evolving regulations and an increasing focus on sustainable energy solutions. Watch for technological advancements in heating systems that may further influence import shares across Europe.
Top countries in Import of Electric Storage Heating Radiators Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 46.73 | 2023 | +5.58% | +5% | View data |
| 2 | 2 France | 20.51 | 2023 | +9.61% | -2.47% | View data |
| 3 | 3 Germany | 4.3 | 2023 | +1.14% | +39.43% | View data |
| 4 | 4 Netherlands | 4 | 2023 | +12.66% | +8.9% | View data |
| 5 | 5 Sweden | 3.97 | 2023 | -1.72% | -5.57% | View data |
| 6 | 6 Belgium | 2.73 | 2023 | +4.82% | +4.96% | View data |
| 7 | 7 Portugal | 2.5 | 2023 | +3.78% | +18.54% | View data |
| 8 | 8 Romania | 2.38 | 2023 | +2.57% | +2.4% | View data |
| 9 | 9 Ireland | 2.21 | 2023 | +20.18% | -1.99% | View data |
| 10 | 10 Greece | 2.11 | 2023 | +31.38% | +5% | View data |
