Germany: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Germany

In 2022, after four years of growth, there was significant decline in the German metal gas appliances market, when its value decreased by -16.3% to $X. In general, consumption, however, showed a pronounced curtailment. Metal gas appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Metal Gas Appliances Production in Germany

In value terms, metal gas appliances production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 229% against the previous year. As a result, production reached the peak level of $X, and then fell modestly in the following year.

Metal Gas Appliances Exports

Exports from Germany

In 2022, shipments abroad of iron or steel gas domestic appliances increased by 62% to X units, rising for the second consecutive year after two years of decline. Overall, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal gas appliances exports soared to $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +112.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland (X units) was the main destination for metal gas appliances exports from Germany, accounting for a 38% share of total exports. Moreover, metal gas appliances exports to Poland exceeded the volume sent to the second major destination, Austria (X units), threefold. Sweden (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+2.8% per year) and Sweden (+24.4% per year).

In value terms, the Netherlands ($X), Poland ($X) and Austria ($X) constituted the largest markets for metal gas appliances exported from Germany worldwide, with a combined 49% share of total exports. France, Switzerland, Sweden, Japan, Italy, Spain, Finland, the Czech Republic, the United States and the UK lagged somewhat behind, together accounting for a further 38%.

Japan, with a CAGR of +89.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average metal gas appliances export price stood at $X per unit in 2022, shrinking by -21.4% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2021 an increase of 34% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Metal Gas Appliances Imports

Imports into Germany

In 2022, supplies from abroad of iron or steel gas domestic appliances increased by 46% to X units, rising for the third year in a row after two years of decline. Over the period under review, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, metal gas appliances imports amounted to $X in 2022. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 91% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest metal gas appliances supplier to Germany, accounting for a 61% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was taken by Estonia (X units), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+45.0% per year) and Estonia (+109.9% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Germany, comprising 68% of total imports. The second position in the ranking was held by Estonia ($X), with a 7.7% share of total imports. It was followed by the Netherlands, with a 6.7% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+107.5% per year) and the Netherlands (+13.4% per year).

Import Prices by Country

The average metal gas appliances import price stood at $X per unit in 2022, falling by -28.6% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2018 an increase of 25% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Austria ($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 Netherlands (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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