Germany - Thermostats - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThermostat Price in Germany - 2023
Contents:
- Thermostat Price in Germany (FOB) - 2023
- Thermostat Price in Germany (CIF) - 2023
- Thermostat Exports in Germany
- Thermostat Imports in Germany
Thermostat Price in Germany (FOB) - 2023
The average thermostat export price stood at $5.5 per unit in June 2023, dropping by -16.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 21% month-to-month. The export price peaked at $7.3 per unit in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the Netherlands ($18.0 per unit), while the average price for exports to Poland ($1.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Thermostat Price in Germany (CIF) - 2023
The average thermostat import price stood at $4.8 per unit in June 2023, increasing by 2.1% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in November 2022 when the average import price increased by 12% m-o-m. The import price peaked at $4.9 per unit in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($8.8 per unit), while the price for Slovenia ($2.2 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Hungary (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Thermostat Exports in Germany
In 2022, overseas shipments of thermostats decreased by -19.6% to 80M units, falling for the second consecutive year after two years of growth. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.5%. As a result, the exports attained the peak of 107M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, thermostat exports rose to $686M in 2022. The total export value increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Thermostat in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 58.9 | 83.5 | 92.9 | 77.3 | 9.5% |
| Netherlands | 39.9 | 44.7 | 56.2 | 64.1 | 17.1% |
| Italy | 37.5 | 36.1 | 47.9 | 55.8 | 14.2% |
| France | 32.1 | 32.4 | 42.4 | 49.8 | 15.8% |
| Poland | 34.0 | 45.7 | 53.1 | 48.7 | 12.7% |
| United States | 40.8 | 37.1 | 41.0 | 47.0 | 4.8% |
| United Kingdom | 24.6 | 21.1 | 25.8 | 33.5 | 10.8% |
| Spain | 21.9 | 21.9 | 22.8 | 30.5 | 11.7% |
| Switzerland | 20.4 | 19.3 | 19.6 | 23.6 | 5.0% |
| Turkey | 13.5 | 16.4 | 17.5 | 16.8 | 7.6% |
| Slovakia | 7.0 | 7.6 | 10.7 | 10.7 | 15.2% |
| Hungary | 14.6 | 8.9 | 6.9 | 7.1 | -21.4% |
| Portugal | 2.8 | 2.5 | 3.1 | 3.2 | 4.6% |
| Others | 221 | 182 | 215 | 218 | -0.5% |
| Total | 569 | 559 | 655 | 686 | 6.4% |
Top Export Markets for Thermostat from Germany in 2022:
- China (15.9M units)
- Spain (9.3M units)
- Poland (8.5M units)
- Italy (6.3M units)
- United States (4.9M units)
- United Kingdom (4.7M units)
- Turkey (4.3M units)
- France (3.6M units)
- Slovakia (2.5M units)
- Hungary (2.3M units)
- Switzerland (2.1M units)
- Portugal (1.6M units)
- Netherlands (1.5M units)
Thermostat Imports in Germany
In 2022, imports of thermostats into Germany dropped sharply to 96M units, waning by -26.9% compared with the previous year. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of 131M units, and then reduced sharply in the following year.
In value terms, thermostat imports stood at $555M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Thermostat in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.7 | 68.4 | 80.4 | 113 | 21.7% |
| Czech Republic | 80.1 | 77.8 | 85.1 | 70.2 | -4.3% |
| France | 66.2 | 56.0 | 61.2 | 69.2 | 1.5% |
| Poland | 8.6 | 13.9 | 34.8 | 51.4 | 81.5% |
| Croatia | 30.5 | 31.0 | 37.5 | 31.2 | 0.8% |
| Denmark | 12.9 | 15.5 | 18.3 | 23.6 | 22.3% |
| Slovenia | 12.9 | 11.8 | 13.5 | 11.7 | -3.2% |
| Others | 142 | 128 | 169 | 185 | 9.2% |
| Total | 416 | 402 | 500 | 555 | 10.1% |
Top Suppliers of Thermostat to Germany in 2022:
- China (29.3M units)
- Croatia (15.7M units)
- France (14.6M units)
- Czech Republic (12.2M units)
- Slovenia (4.8M units)
- Poland (3.8M units)
- Denmark (1.7M units)
This report provides an in-depth analysis of the thermostat market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26517015 - Electronic thermostats
- Prodcom 26517019 - Non-electronic thermostats
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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In August 2022, the thermostat price amounted to $7.5 per unit (FOB, Germany), increasing by 2.3% against the previous month.
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Explore the top import markets for thermostats and their key statistics. Learn about the countries leading in the import of thermostats, backed by data from IndexBox market intelligence platform.
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
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Global thermostat imports amounted to X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- th...
