Germany: Festive Articles Market 2024

Festive Articles Market Size in Germany

The German festive articles market was finally on the rise to reach $X in 2022, after three years of decline. The market value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Festive Articles Production in Germany

In value terms, festive articles production reduced to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the production volume increased by 15%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Festive Articles Exports

Exports from Germany

In 2022, the amount of festive or carnival articles exported from Germany rose markedly to X tons, increasing by 6.8% against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, festive articles exports amounted to $X in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons), Austria (X tons) and Italy (X tons) were the main destinations of festive articles exports from Germany, together accounting for 57% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for festive articles exported from Germany were Austria ($X), Switzerland ($X) and Poland ($X), together comprising 57% of total exports.

In terms of the main countries of destination, Poland, with a CAGR of +14.7%, saw 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 festive articles export price stood at $X per ton in 2022, dropping by -1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2013 an increase of 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Festive Articles Imports

Imports into Germany

In 2022, purchases abroad of festive or carnival articles was finally on the rise to reach X tons after two years of decline. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, festive articles imports soared to $X in 2022. The total import value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest festive articles supplier to Germany, accounting for a 79% share of total imports. Moreover, festive articles imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), eightfold. The third position in this ranking was held by Poland (X tons), with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.4% per year) and Poland (-13.8% per year).

In value terms, China ($X) constituted the largest supplier of festive or carnival articles to Germany, comprising 75% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 7.6% share of total imports. It was followed by Poland, with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.6% per year) and Poland (+0.7% per year).

Import Prices by Country

The average festive articles import price stood at $X per ton in 2022, rising by 3.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 10%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :