Germany: Domestic Appliances Market 2024

Domestic Appliances Market Size in Germany

For the third consecutive year, the German domestic appliances market recorded growth in sales value, which increased by 19% to $X in 2021. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Domestic Appliances Production in Germany

In value terms, domestic appliances production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the production volume increased by 18% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

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Domestic Appliances Exports

Exports from Germany

In 2021, shipments abroad of domestic appliances increased by 3.4% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 8%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, domestic appliances exports rose notably to $X in 2021. The total export value increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Austria (X units), the Netherlands (X units) and France (X units) were the main destinations of domestic appliances exports from Germany, together accounting for 35% of total exports. Poland, the UK, Belgium, the United States, Spain, Italy, Switzerland, Russia, Sweden and China lagged somewhat behind, together comprising a further 51%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +12.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for domestic appliances exported from Germany were Austria ($X), the Netherlands ($X) and France ($X), together accounting for 28% of total exports. The UK, Poland, Switzerland, the United States, Italy, Belgium, Spain, Sweden, China and Russia lagged somewhat behind, together comprising a further 46%.

In terms of the main countries of destination, China, with a CAGR of +15.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average domestic appliances export price stood at $X per unit in 2021, growing by 8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 8.2%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Domestic Appliances Imports

Imports into Germany

Domestic appliances imports into Germany was estimated at X units in 2021, growing by 11% compared with 2020 figures. The total import volume increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, domestic appliances imports skyrocketed to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +70.2% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Poland (X units) and the Netherlands (X units) were the main suppliers of domestic appliances imports to Germany, together comprising 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +34.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest domestic appliances suppliers to Germany were China ($X), Poland ($X) and the Netherlands ($X), with a combined 54% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +30.4%, saw the highest growth rate of 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

The average domestic appliances import price stood at $X per unit in 2021, surging by 9.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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