Germany: Shipping Market 2025

Shipping Market Size in Germany

In 2021, the German shipping market decreased by -10.3% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, enjoyed a prominent expansion. Over the period under review, the market hit record highs at $X in 2020, and then declined in the following year.

Shipping Production in Germany

In value terms, shipping production dropped to $X in 2021 estimated in export price. Over the period under review, production saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 218% against the previous year. Shipping production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Shipping Exports

Exports from Germany

In 2021, shipping exports from Germany declined markedly to X units, with a decrease of -52.9% against 2020. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2019 with an increase of 80%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, shipping exports surged to $X in 2021. Over the period under review, total exports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by 79%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X units) and Italy (X units) were the main destinations of shipping exports from Germany.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of -51.0%).

In value terms, the largest markets for shipping exported from Germany were the United States ($X), Italy ($X) and the UK ($X), together accounting for 97% of total exports.

The UK, with a CAGR of +30.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average shipping export price amounted to $X per unit, jumping by 209% against the previous year. In general, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2015 an increase of 69,867%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the United States ($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 the UK (+325.1%), while the prices for the other major destinations experienced more modest paces of growth.

Shipping Imports

Imports into Germany

In 2021, supplies from abroad of ships, vessels, ferry-boats for the transport of persons was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2013 with an increase of 1,072%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, shipping imports soared to $X in 2021. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,385% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Norway (X units) and Singapore (X units) were the main suppliers of shipping imports to Germany, together comprising 70% of total imports. These countries were followed by Greece, Switzerland and Turkey, which together accounted for a further 30%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of ships, vessels, ferry-boats for the transport of persons to Germany, comprising 69% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total imports. It was followed by Greece, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value from Norway stood at -24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.8% per year) and Greece (0.0% per year).

Import Prices by Country

In 2021, the average shipping import price amounted to $X per unit, increasing by 13% against the previous year. Over the period under review, the import price saw a significant expansion. The pace of growth was the most pronounced in 2018 an increase of 135%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+429.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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