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Germany - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

Germany - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights

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Jun 22, 2024

Germany's Radio Receiver Imports Drop 7%, Totaling $580 Million in 2023

Germany Radio Receiver Imports

In 2023, imports of radio receivers into Germany declined sharply to 8.8M units, shrinking by -21% against the previous year. Over the period under review, imports recorded a slight setback. The growth pace was the most rapid in 2015 with an increase of 128%. As a result, imports reached the peak of 16M units. From 2016 to 2023, the growth of imports failed to regain momentum.

In value terms, radio receiver imports shrank to $580M (IndexBox estimates) in 2023. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2022 with an increase of 7% against the previous year. Over the period under review, imports attained the peak figure at $1.4B in 2013; however, from 2014 to 2023, imports remained at a lower figure.Germany Radio Receiver Imports By Country (Million USD)

COUNTRYImport Value of Radio Receiver in Germany (million USD)
20132014201520162017201820192020202120222023
Hungary88.175.032.851.147.656.255.111085.0107191
China346345291240260238254146171207122
Portugal19516211010314718015377.634.631.547.3
Malaysia14410578.479.494.980.175.853.541.037.736.7
Poland25.724.819.620.745.741.756.443.242.428.735.4
Netherlands49.848.641.423.910.914.410.570.162.358.031.1
Vietnam0.50.216.952.965.976.377.248.658.762.021.5
Czech Republic23119475.754.031.116.49.211.812.38.37.6
Others33030829125919115514392.777.485.587.2
Total1,4111,263956883895858833654585626580

Imports by Country

In 2023, China (3.9M units) constituted the largest supplier of radio receiver to Germany, accounting for a 44% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Hungary (1.5M units), threefold. the Netherlands (684K units) ranked third in terms of total imports with a 7.8% share.

From 2013 to 2023, the average annual growth rate of volume from China stood at -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+6.8% per year) and the Netherlands (+0.8% per year).

In value terms, Hungary ($191M), China ($122M) and Portugal ($47M) were the largest radio receiver suppliers to Germany, with a combined 62% share of total imports. Malaysia, Poland, the Netherlands, Vietnam and the Czech Republic lagged somewhat behind, together accounting for a further 23%.

Among the main suppliers, Vietnam, with a CAGR of +45.3%, recorded 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.

Imports by Type

Radio-broadcast receivers; operational without external power source, without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy (2.8M units), radio-broadcast receivers (2.1M units) and radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus (1.2M units) were the main products of radio receiver imports to Germany, together accounting for 70% of total imports.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by radio-broadcast receivers; operational without external power source, without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy (with a CAGR of +18.1%), while imports for the other products experienced mixed trend patterns.

In value terms, radio-broadcast receivers ($254M), radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus ($132M) and radio receivers for motor vehicles ($72M) appeared to be the most imported types of radio receivers in Germany, with a combined 79% share of total imports.

Import Prices by Country

In 2023, the radio receiver price amounted to $66 per unit (CIF, Germany), rising by 17% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $177 per unit. From 2015 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($167 per unit), while the price for Indonesia ($17 per unit) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the radio receiver 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 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
  • Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
  • Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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