Germany: Market for Wiring sets used in vehicles, aircraft or ships 2023

Market Size for Wiring sets used in vehicles, aircraft or ships in Germany

In 2021, the German market for wiring sets used in vehicles, aircraft or ships was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Wiring sets used in vehicles, aircraft or ships in Germany

In value terms, production of wiring sets used in vehicles, aircraft or ships expanded remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 15% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Wiring sets used in vehicles, aircraft or ships

Exports from Germany

In 2021, shipments abroad of wiring sets used in vehicles, aircraft or ships increased by 18% to X tons, rising for the fourth year in a row after two years of decline. The total export volume increased at an average annual rate of +4.2% from 2012 to 2021; however, 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.

In value terms, exports of wiring sets used in vehicles, aircraft or ships surged to $X in 2021. The total export value increased at an average annual rate of +5.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons) was the main destination for exports of wiring sets used in vehicles, aircraft or ships from Germany, accounting for a 20% share of total exports. Moreover, exports of wiring sets used in vehicles, aircraft or ships to the Czech Republic exceeded the volume sent to the second major destination, the UK (X tons), twofold. Ukraine (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+10.9% per year) and Ukraine (+15.0% per year).

In value terms, the Czech Republic ($X), China ($X) and the UK ($X) were the largest markets for wiring sets used in vehicles, aircraft or ships exported from Germany worldwide, together accounting for 39% of total exports. The United States, Ukraine, Tunisia, Finland, Romania, Hungary, Poland, Austria, the Netherlands and France lagged somewhat behind, together accounting for a further 40%.

Among the main countries of destination, Finland, with a CAGR of +58.1%, 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

In 2021, the average export price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, increasing by 4.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2017 an increase of 13%. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring sets used in vehicles, aircraft or ships

Imports into Germany

After two years of decline, supplies from abroad of wiring sets used in vehicles, aircraft or ships increased by 2.3% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 15% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of wiring sets used in vehicles, aircraft or ships expanded notably to $X in 2021. The total import value increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 15%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Romania (X tons), Tunisia (X tons) and Ukraine (X tons) were the main suppliers of imports of wiring sets used in vehicles, aircraft or ships to Germany, together accounting for 45% of total imports. These countries were followed by the Czech Republic, Serbia, Hungary, Poland, North Macedonia, Austria, France, Moldova, the United Arab Emirates and Morocco, which together accounted for a further 48%.

From 2012 to 2021, the biggest increases were in North Macedonia (with a CAGR of +427.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Tunisia ($X) and the Czech Republic ($X) constituted the largest wiring sets used in vehicles, aircraft or ships suppliers to Germany, together accounting for 43% of total imports. These countries were followed by Ukraine, Serbia, Hungary, Poland, Austria, North Macedonia, Morocco, the United Arab Emirates, France and Moldova, which together accounted for a further 47%.

In terms of the main suppliers, North Macedonia, with a CAGR of +371.1%, recorded the highest rates of growth with regard to 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

In 2021, the average import price for wiring sets used in vehicles, aircraft or ships amounted to $X per ton, growing by 9.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 14% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Morocco ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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