Germany: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Germany

The German water-skis and surfboards market shrank to $X in 2022, waning by -10.7% against the previous year. Overall, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.3% against 2020 indices. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Water-Skis And Surfboards Production in Germany

In value terms, water-skis and surfboards production fell to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 49%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Water-Skis And Surfboards Exports

Exports from Germany

In 2022, approx. X units of water-skis, surfboards and sailboards were exported from Germany; approximately mirroring the year before. In general, exports, however, posted strong growth. The pace of growth appeared the most rapid in 2017 when exports increased by 38%. The exports peaked at X units in 2021, and then dropped slightly in the following year.

In value terms, water-skis and surfboards exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

The Netherlands (X units), Poland (X units) and Austria (X units) were the main destinations of water-skis and surfboards exports from Germany, with a combined 49% share of total exports. France, the Czech Republic, Spain, Switzerland, Italy, Slovakia, the UK, Croatia and Sweden lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +24.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for water-skis and surfboards exported from Germany were the Netherlands ($X), Poland ($X) and France ($X), together accounting for 36% of total exports.

Poland, with a CAGR of +17.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average water-skis and surfboards export price amounted to $X per unit, falling by -10.4% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 26%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Slovakia ($X per unit) 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports into Germany

In 2022, overseas purchases of water-skis, surfboards and sailboards decreased by -2.1% to X units for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when imports increased by 57%. As a result, imports attained the peak of X units, and then contracted modestly in the following year.

In value terms, water-skis and surfboards imports reduced to $X in 2022. Overall, imports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of water-skis and surfboards to Germany, with a 85% share of total imports. It was followed by Italy (X units), with a 1.9% share of total imports. The third position in this ranking was held by Vietnam (X units), with a 1.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.2% per year) and Vietnam (+26.8% per year).

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Germany, comprising 70% of total imports. The second position in the ranking was held by Thailand ($X), with a 4.3% share of total imports. It was followed by Italy, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+0.5% per year) and Italy (+0.6% per year).

Import Prices by Country

The average water-skis and surfboards import price stood at $X per unit in 2022, which is down by -6.2% against the previous year. In general, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of 8% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Thailand ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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