Earlier Report Observations
The German market for iron or steel radiators and air heaters saw significant changes from 2018 to 2024. After a contraction in 2019, market size recovered to 524.3 million USD in 2020 and jumped to 614.7 million USD in 2021. This increase was linked to altered framework conditions that favored renewable energy in the heating sector, encouraging upgrades to heating systems and boosting demand for components like radiators.
Market volume then eased slightly in 2022 before dropping to 529.6 million USD in 2023 and plunging to 421.2 million USD in 2024. The decline was driven by political uncertainty and heated debate around the Gebäudeenergiegesetz (GEG), which from 2024 requires at least 65% renewable energy in newly installed heating systems. This triggered pull-forward demand in 2023, followed by a market crash in 2024, worsened by high inventories of heat pumps that strained production and sales.
State support programs such as BEG EM 2024, offering higher subsidies for biomass and fuel cell heating systems, shaped the market's composition. However, overall consumer hesitation due to regulatory volatility led to postponed modernizations, reducing demand for radiators and air heaters.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2018-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Germany
- 5.1.1. In value, 2018-2024, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In value, 2018-2024, M $ US
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5.1. Production in Germany
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K t
- 6.1.2.1. Annual dynamics of product's exports from Germany in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's exports in kind from Germany by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Germany in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Germany by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Germany, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Germany by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K t
- 6.2.2.1. Annual dynamics of product's exports from Germany in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's exports in kind from Germany by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Germany in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Germany by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Germany, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Germany by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K t
- 7.1.2.1. Annual dynamics of product's imports to Germany in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's imports in kind to Germany by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Germany in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Germany by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Germany, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Germany by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K t
- 7.2.2.1. Annual dynamics of product's imports to Germany in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's imports in kind to Germany by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Germany in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Germany by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Germany, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Germany by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production iron or steel radiators and air heaters in Germany
In value, 2017-2020, M $ US
Germany's production of iron or steel radiators and air heaters declined for the second consecutive year. In 2020, output was valued at 421.5 million US dollars, down 1.4% from the previous year. The largest increase occurred in 2018, with a 5.9% rise to a peak of 445.2 million US dollars. This was followed by the largest decline in 2019, when production fell by 4.0%.
Annual dynamics of production in Germany in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.9% | (4.0%) | (1.4%) | 0.1% |
Exports iron or steel radiators and air heaters from Germany
Exports in kind, K t
Export volumes of iron or steel radiators and air heaters from Germany declined for the third consecutive year. In 2020, exports totaled 55.6 thousand tonnes, marking a modest 9.9% decrease compared to 2019. Over the period from 2017 to 2020, exports fell by 17%, which translates to an annualized decline rate of 6.0%.
Annual dynamics of product's exports from Germany in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.0%) | (2.1%) | (9.9%) | (6.0%) |
From 2017 to 2020, Germany exported iron or steel radiators and air heaters to numerous countries. Even the top three destinations—France, Poland, and Russia—collectively accounted for only 39.7% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Germany in kind, 2017-2020
Exports in value, M $ US
Export values of iron or steel radiators and air heaters from Germany declined for the third consecutive year. In 2020, exports stood at 258.6 million US dollars, which is 7.5% lower than in 2019. Between 2017 and 2020, export values decreased by 10.2%, equating to an annualized decline rate of 3.5%.
Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.4%) | (2.5%) | (7.5%) | (3.5%) |
From 2017 to 2020, Germany's exports of iron or steel radiators and air heaters had a broad portfolio of buyers. The top three countries—France (11.6% of export value), Poland (10.6%), and Russia (10.4%)—together contributed only 32.7% of total export value, with many other countries holding smaller but notable shares.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Germany in value, 2017-2020
Imports iron or steel radiators and air heaters to Germany
Imports in kind, K t
Import volumes of iron or steel radiators and air heaters into Germany declined for the second consecutive year. In 2020, imports totaled 96.9 thousand tonnes, showing a slight 0.6% decrease from 2019. The largest increase was recorded in 2018, with a 3.6% rise to a peak of 100.4 thousand tonnes, followed by the largest decline in 2019, when imports fell by 2.9%.
Annual dynamics of product's imports to Germany in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.6% | (2.9%) | (0.6%) | (0.0%) |
Throughout 2017–2020, Poland (28.6% of import volumes), Czechia (17.4%), and Italy (15.4%) were the leading sources for iron or steel radiators and air heaters imported into Germany, jointly accounting for 61.4% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Germany in kind, 2017-2020
Imports in value, M $ US
In 2020, Germany's imports of iron or steel radiators and air heaters amounted to 361.4 million US dollars, representing a 4.7% increase year-over-year. Over the period from 2017 to 2020, imports grew by 2.8%, with a compound annual growth rate (CAGR) of 0.9%. The minimum value was recorded in 2019 at 345.1 million US dollars, following the largest decline that year of 10.5%. In contrast, the maximum value occurred in 2018 at 385.8 million US dollars, after the largest increase of 9.7%.
Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.7% | (10.5%) | 4.7% | 0.9% |
From 2017 to 2020, Poland (21.9% of import value), Czechia (20.8%), and Italy (15.3%) were the principal sources for imports of iron or steel radiators and air heaters into Germany, jointly accounting for 58.0% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Germany in value, 2017-2020
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