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Germany sees heat pump dominance despite sales slump: trends and trade
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Germany
Germany sees heat pump dominance despite sales slump: trends and trade
20 June 2024
Despite a sales slump, heat pumps are dominant in new German buildings, with over 76% of planned new buildings intending to use them, though production and foreign trade saw declines in late 2023 and early 2024.
Editorial Team
Despite a 52% sales slump, heat pumps dominate new building heating in Germany. In 2023, nearly two thirds of new residential buildings used heat pumps. The trend towards renewable energyheating is strong, with over 76% of approved new buildings planning to use them.
Germany's heat pump production rose in 2023, only to see a significant decline towards the end of the year. Foreign trade mirrored this decline, with imports and exports falling sharply in 2024 compared to the previous year.
