Germany: Market for Wiring sets used in vehicles, aircraft or ships 2024

Market Size for Wiring sets used in vehicles, aircraft or ships in Germany

In 2022, the German market for wiring sets used in vehicles, aircraft or ships increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a pronounced reduction. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Wiring sets used in vehicles, aircraft or ships in Germany

In value terms, production of wiring sets used in vehicles, aircraft or ships rose to $X in 2022 estimated in export price. In general, production, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Production of peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Germany

In 2022, after four years of growth, there was significant decline in overseas shipments of wiring sets used in vehicles, aircraft or ships, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then declined in the following year.

In value terms, exports of wiring sets used in vehicles, aircraft or ships fell to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Germany, accounting for a X% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), twofold. China (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and China (X% per year).

In value terms, the largest markets for wiring sets used in vehicles, aircraft or ships exported from Germany were China ($X), the Czech Republic ($X) and the United States ($X), together comprising X% of total exports. The UK, Romania, Poland, Hungary, Austria, the Netherlands, Finland, Mexico, France and Slovakia lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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 export price for wiring sets used in vehicles, aircraft or ships stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of X%. The export price peaked at $X per ton in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Germany

In 2022, supplies from abroad of wiring sets used in vehicles, aircraft or ships increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Romania (X tons), Tunisia (X tons) and the Czech Republic (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Germany, together accounting for X% of total imports. Ukraine, Serbia, Poland, Hungary and Slovakia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Serbia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Tunisia ($X) and the Czech Republic ($X) constituted the largest wiring sets used in vehicles, aircraft or ships suppliers to Germany, together accounting for X% of total imports. Serbia, Ukraine, Hungary, Poland and Slovakia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Serbia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then declined in the following year.

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 Slovakia ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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