In 2023, Germany imported 3.98 million electric radiators, convection heaters, and heaters or fires with built-in fans. From 2024 to 2028, a steady growth pattern is forecasted, with imports increasing annually by approximately 2% to 2.2%. This represents a healthy compound annual growth rate (CAGR) of around 2.1% over the five-year period.
Future trends to watch for include:
- Potential shifts in consumer preferences towards energy-efficient models.
- Impact of regulatory changes on import volumes.
- Evolving technological advancements that could influence product demand.
- Global geopolitical factors affecting trade policies and costs.
