The forecast for the import of radiators and parts thereof of iron or steel, except cast, into Germany suggests a declining trend over the next five years. From a projected 89.726 million kilograms in 2024, the volume is expected to decrease to 86.638 million kilograms by 2028. This represents a compounded annual growth rate (CAGR) of -0.87% over the forecast period. The annual percentage change ranges are minor, with slight declines year-on-year starting from 2025 through 2028.
Future trends to watch for include:
- Technological advancements in radiator materials, potentially shifting demand away from traditional iron or steel.
- Germany's environmental policies, which could influence demand for more efficient or alternative materials.
- Market dynamics in construction and automotive sectors, key demand drivers for radiators.