EU: Market for Radiators for Central Heating (not Electrically Heated) 2024

Market Size for Radiators for Central Heating (not Electrically Heated) in the EU

In 2022, the EU non-electric central heating radiator market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a slight contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Radiators for Central Heating (not Electrically Heated) in the EU

In value terms, non-electric central heating radiator production dropped to $X in 2022 estimated in export price. Overall, production saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Radiators for Central Heating (not Electrically Heated)

Exports in the EU

In 2022, approx. X units of radiators for central heating (not electrically heated) were exported in the European Union; waning by X% against the year before. In general, exports saw a pronounced slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-electric central heating radiator exports dropped to $X in 2022. Over the period under review, exports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Poland (X units), Germany (X units), Belgium (X units), the Netherlands (X units), the Czech Republic (X units) and Italy (X units), together reaching X% of total export. It was distantly followed by Hungary (X units), mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest non-electric central heating radiator supplying countries in the European Union were Germany ($X), Poland ($X) and the Czech Republic ($X), together accounting for X% of total exports. Belgium, the Netherlands, Italy and Hungary lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Imports of Radiators for Central Heating (not Electrically Heated)

Imports in the EU

In 2022, supplies from abroad of radiators for central heating (not electrically heated) decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then reduced sharply in the following year.

In value terms, non-electric central heating radiator imports shrank to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by Belgium (X units), Romania (X units), France (X units), Poland (X units), the Netherlands (X units) and the Czech Republic (X units) represented the key importers of radiators for central heating (not electrically heated), together achieving X% of total imports. Hungary (X units), Italy (X units), Sweden (X units), Ireland (X units), Greece (X units) and Austria (X units) followed a long way behind the leaders.

Imports into Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Sweden (X%), Hungary (X%), Ireland (X%), Greece (X%) and Italy (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Belgium and Romania experienced a relatively flat trend pattern. By contrast, the Czech Republic (X%), the Netherlands (X%), France (X%), Poland (X%) and Austria (X%) illustrated a downward trend over the same period. Germany (X p.p.), Sweden (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total imports, while Austria, Poland and France saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported radiators for central heating (not electrically heated) in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

In Germany, non-electric central heating radiator imports increased at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, picking up by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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