
Germany - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
Sportswear Price in Germany Drops for Two Consecutive Months to $7.8 per Unit
Germany Sportswear Import Price in August 2022
In August 2022, the sportswear price stood at $7.8 per unit (CIF, Germany), which is down by -11.4% against the previous month. Over the last seven months, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in May 2022 an increase of 14% against the previous month. Over the period under review, average import prices attained the maximum at $9.5 per unit in June 2022; however, from July 2022 to August 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was Poland ($19.9 per unit), while the price for the United Arab Emirates ($698 per thousand units) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Germany Sportswear Imports
In August 2022, imports of track suits, ski suits and swimwear into Germany contracted to 5M units, dropping by -13.1% against the month before. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in March 2022 with an increase of 66% month-to-month. As a result, imports attained the peak of 8M units. From April 2022 to August 2022, the growth of imports failed to regain momentum.
In value terms, sportswear imports dropped significantly to $39M (IndexBox estimates) in August 2022. Overall, total imports indicated a modest increase from January 2022 to August 2022: its value increased at an average monthly rate of +1.3% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, imports decreased by -46.0% against May 2022 indices. The growth pace was the most rapid in March 2022 when imports increased by 64% against the previous month. Over the period under review, imports hit record highs at 72M units in May 2022; however, from June 2022 to August 2022, imports remained at a lower figure.
Germany Sportswear Imports by Country
China (947K units), Cambodia (716K units) and Bangladesh (671K units) were the main suppliers of sportswear imports to Germany, with a combined 47% share of total imports. Poland, Pakistan, Turkey, Vietnam, the Netherlands, Indonesia, France, the United Arab Emirates, Italy and the Czech Republic lagged somewhat behind, together accounting for a further 47%.
From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +249.5%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Poland ($7.9M), China ($7.2M) and Cambodia ($4.1M) constituted the largest sportswear suppliers to Germany, with a combined 50% share of total imports. Bangladesh, the Netherlands, Vietnam, Italy, France, Pakistan, Turkey, Indonesia, the Czech Republic and the United Arab Emirates lagged somewhat behind, together comprising a further 41%.
the United Arab Emirates, with a CAGR of +141.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the sportswear market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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