Germany - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Germany - 2023
Contents:
- Test Bench Price in Germany (FOB) - 2023
- Test Bench Price in Germany (CIF) - 2022
- Test Bench Exports in Germany
- Test Bench Imports in Germany
Test Bench Price in Germany (FOB) - 2023
The average test bench export price stood at $7,386 per unit in June 2023, growing by 2.5% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.7%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 49% month-to-month. As a result, the export price reached the peak level of $7,394 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($16,208 per unit), while the average price for exports to Ireland ($1,415 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Test Bench Price in Germany (CIF) - 2022
In 2022, the average test bench import price amounted to $3,290 per unit, increasing by 6.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 23%. Over the period under review, average import prices reached the peak figure at $3,707 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Switzerland ($10,476 per unit), while the price for the Czech Republic ($1,033 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Exports in Germany
For the third year in a row, Germany recorded decline in overseas shipments of test benches, which decreased by -30.7% to 73K units in 2022. Overall, exports continue to indicate a deep setback. The smallest decline of -4.3% was in 2020. The exports peaked at 117K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, test bench exports shrank remarkably to $418M in 2022. Over the period under review, exports showed a deep contraction. The smallest decline of -5.6% was in 2021. Over the period under review, the exports attained the maximum at $746M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Test Bench in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 222 | 219 | 221 | 124 | -17.6% |
| United States | 58.3 | 41.9 | 53.9 | 28.7 | -21.0% |
| South Korea | 24.1 | 13.1 | 12.0 | 17.2 | -10.6% |
| United Kingdom | 29.1 | 21.8 | 19.6 | 16.7 | -16.9% |
| Mexico | 27.8 | 13.6 | 15.5 | 16.2 | -16.5% |
| Turkey | 7.6 | 16.8 | 12.5 | 15.1 | 25.7% |
| Austria | 16.1 | 17.8 | 15.5 | 14.5 | -3.4% |
| Switzerland | 9.1 | 8.3 | 9.4 | 12.3 | 10.6% |
| Russia | 8.8 | 26.0 | 13.2 | 11.5 | 9.3% |
| India | 31.5 | 15.0 | 17.3 | 11.1 | -29.4% |
| France | 14.5 | 23.6 | 19.6 | 10.4 | -10.5% |
| Poland | 23.1 | 9.0 | 10.7 | 8.1 | -29.5% |
| Spain | 11.8 | 7.0 | 7.2 | 7.9 | -12.5% |
| Others | 263 | 203 | 173 | 124 | -22.2% |
| Total | 746 | 636 | 600 | 418 | -17.6% |
Top Export Markets for Test Bench from Germany in 2022:
- China (20.9K units)
- Turkey (3.3K units)
- United Kingdom (3.2K units)
- Switzerland (3.0K units)
- Austria (2.8K units)
- United States (2.6K units)
- France (2.0K units)
- India (1.8K units)
- South Korea (1.8K units)
- Russia (1.8K units)
- Spain (1.7K units)
- Mexico (1.6K units)
- Poland (1.6K units)
Test Bench Imports in Germany
Test bench imports into Germany fell notably to 16K units in 2022, which is down by -46.5% against 2021 figures. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. Imports peaked at 36K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, test bench imports contracted markedly to $54M in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 42%. As a result, imports attained the peak of $94M, and then dropped notably in the following year.
| Import of Test Bench in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 13.3 | 11.7 | 7.6 | 9.5 | -10.6% |
| Czech Republic | 18.0 | 18.5 | 13.9 | 9.3 | -19.8% |
| Italy | 8.6 | 4.6 | 15.8 | 5.9 | -11.8% |
| Switzerland | 5.1 | 4.6 | 5.2 | 5.3 | 1.3% |
| China | 4.8 | 5.9 | 8.7 | 3.6 | -9.1% |
| Turkey | 3.3 | 1.0 | 4.4 | 2.3 | -11.3% |
| Austria | 2.4 | 5.3 | 4.1 | 2.3 | -1.4% |
| United Kingdom | 1.2 | 2.3 | 2.5 | 2.2 | 22.4% |
| Hungary | 0.8 | 0.3 | 0.7 | 1.4 | 20.5% |
| Spain | 0.5 | 1.2 | 2.1 | 0.7 | 11.9% |
| Others | 21.1 | 10.7 | 29.1 | 11.2 | -19.0% |
| Total | 79.1 | 66.1 | 94.0 | 53.7 | -12.1% |
Top Suppliers of Test Bench to Germany in 2022:
- Czech Republic (9.0K units)
- China (1.4K units)
- United States (1.1K units)
- Italy (1.1K units)
- Turkey (0.6K units)
- Switzerland (0.5K units)
- Hungary (0.5K units)
- Spain (0.5K units)
- United Kingdom (0.4K units)
- Austria (0.3K units)
This report provides an in-depth analysis of the test bench 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.
Product coverage:
- Prodcom 26516620 - Test benches
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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