Forecast: Import of Non-Electric Domestic Appliances of Iron or Steel to Germany

In 2023, the import of non-electric domestic appliances of iron or steel to Germany stood at 703 million USD. The forecast from 2024 to 2028 shows a steady increase in import values, reaching 764.45 million USD by 2028. The year-on-year growth shows a consistent upward trend with an average annual increase (CAGR) of approximately 2.04% over the five-year period.

Future trends to watch for include:

  • Global economic conditions affecting consumer purchasing power.
  • Developments in sustainable and eco-friendly appliances potentially impacting imports.
  • Trade policies and tariffs which could influence import levels and prices.

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