The market is dominated by domestic suppliers, as imports account for 29.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 88.2% of total demand in 2022. Germany has the largest market size for tanks, reservoirs, boilers and radiators regionally, with demand reaching USD8.6 billion in 2022. Viessmann Werke GmbH & Co KG is the largest company in Germany, generating 3.0% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 6.5% of total production value in 2022. The total number of companies increases in 2022, to 1,193 units. The costs of the industry decrease by 2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 5.4% of production value in 2022, the 20th highest regionally. The industry’s exports share decreases in 2022 to 27.4% of total production output. With production value of USD7.0 billion, Germany accounts for 23.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Tanks, Reservoirs, Boilers and Radiators in Germany: ISIC 2812. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Tanks, Reservoirs, Boilers and Radiators in Germany: ISIC 2812 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic iron and steel, basic preciuos and non-ferrous metals, casting of metals, coating of metals and mechanical engineering, forming of metal and power metallurgy, metal packaking, wire and other fabricated metal products.
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