Forecast: Import of Domestic Iron or Steel Liquid Fuel Appliances, Not Cooker to Germany

In 2023, Germany's import of domestic iron or steel liquid fuel appliances, not cooker, was 420.14 thousand kilograms. The forecasted data indicates a consistent decrease in import volumes from 2024 to 2028, with year-on-year declines observed as following: 2024 sees a drop to 363.62 thousand kilograms, down by 13.45%, followed by 2025 with a further 15.06% decrease to 308.9 thousand kilograms. This downward trend continues into 2026 and beyond, reaching 151.24 thousand kilograms by 2028. The Compound Annual Growth Rate (CAGR) reflects an average annual decline of approximately 21.4% over this forecast period.

Future trends to watch for include:

  • Technological advancements and regulatory changes in energy efficiency and environmental standards influencing import demands.
  • Fluctuations in global steel prices impacting production and import costs.
  • Potential shifts towards alternative fuel appliances as part of Germany's green energy initiatives.

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