Germany: Hat Market Overview 2020

Hat Market Size in Germany

The revenue of the hat market in Germany amounted to $X in 2018, stabilizing at the previous year. Over the period under review, hat consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the market value increased by X% year-to-year. Hat consumption peaked at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Hat Production in Germany

In value terms, hat production amounted to $X in 2018 estimated in export prices. In general, hat production continues to indicate a mild curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, hat production attained its maximum level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Hat Exports

Exports from Germany

Hat exports from Germany amounted to X units in 2018, rising by X% against the previous year. Overall, the total exports indicated buoyant growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, hat exports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, hat exports totaled $X in 2018. Over the period under review, the total exports indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

Austria (X units), Poland (X units) and France (X units) were the main destinations of hat exports from Germany, together accounting for X% of total exports. These countries were followed by the Netherlands, Switzerland, Italy, the UK, Slovakia, Belgium, the Czech Republic, Spain and Romania, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hat exported from Germany were France ($X), Switzerland ($X) and Poland ($X), with a combined X% share of total exports. These countries were followed by Austria, the Netherlands, Italy, the UK, Spain, Belgium, the Czech Republic, Slovakia and Romania, which together accounted for a further X terms of the main countries of destination, Slovakia recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hat export price stood at $X per unit in 2018, picking up by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for hats and other headgear reached their peak figure in 2018 and is likely to see steady growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic, while the prices for the other major destinations experienced more modest paces of growth.

Hat Imports

Imports into Germany

In 2018, the hat imports into Germany totaled X units, going up by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, hat imports amounted to $X in 2018. In general, the total imports indicated a buoyant expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hat imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, China (X units) constituted the largest hat supplier to Germany, accounting for a X% share of total imports. Moreover, hat imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. Bangladesh (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Bangladesh (+X% per year).

In value terms, China ($X) constituted the largest supplier of hat to Germany, comprising X% of total hat imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2018, the average hat import price amounted to $X per unit, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. The import price peaked in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform