Germany: Market for Instrument Panel And Wall Clocks 2024

Market Size for Instrument Panel And Wall Clocks in Germany

After two years of growth, the German market for instrument panel and wall clocks decreased by X% to $X in 2020. In general, consumption showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Instrument panel and wall clock consumption peaked at $X in 2012; however, from 2013 to 2020, consumption remained at a lower figure.

Production of Instrument Panel And Wall Clocks in Germany

In value terms, instrument panel and wall clock production dropped to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Instrument panel and wall clock production peaked at $X in 2019, and then contracted in the following year.

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Exports of Instrument Panel And Wall Clocks

Exports from Germany

In 2020, the amount of instrument panel and wall clocks exported from Germany declined to X units, shrinking by X% compared with 2019 figures. Over the period under review, exports showed a slight decline. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2020, the exports failed to regain momentum.

In value terms, instrument panel and wall clock exports fell to $X in 2020. In general, exports saw a pronounced descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X units), Austria (X units) and France (X units) were the main destinations of instrument panel and wall clock exports from Germany, with a combined X% share of total exports. The Netherlands, Switzerland, the Czech Republic, Spain, the UK, Italy, Belgium, the United States, Cambodia and Iraq lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the biggest increases were recorded for Cambodia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the United States ($X) and Switzerland ($X) appeared to be the largest markets for instrument panel and wall clock exported from Germany worldwide, with a combined X% share of total exports. Austria, France, the Netherlands, the UK, the Czech Republic, Italy, Spain, Belgium, Cambodia and Iraq lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2020, the average export price for instrument panel and wall clocks amounted to $X per unit, which is down by X% against the previous year. Overall, the export price showed a mild slump. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2020, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Iraq ($X per unit) was amongst the lowest.

From 2012 to 2020, 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 Instrument Panel And Wall Clocks

Imports into Germany

For the eighth consecutive year, Germany recorded decline in purchases abroad of instrument panel and wall clocks, which decreased by X% to X units in 2020. Overall, imports recorded a noticeable slump. The smallest decline of X% was in 2014. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, instrument panel and wall clock imports contracted dramatically to $X in 2020. In general, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of instrument panel and wall clock to Germany, accounting for a X% share of total imports. Moreover, instrument panel and wall clock imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fivefold. The third position in this ranking was taken by Belarus (X units), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Belarus (X% per year).

In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Germany, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2020, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Poland (X% per year).

Import Prices by Country

In 2020, the average import price for instrument panel and wall clocks amounted to $X per unit, waning by X% against the previous year. Overall, the import price showed a slight downturn. The growth pace was the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Belarus ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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