Hat and Headgear Market Overview in Germany
In value terms, hat and headgear production dropped to $ in 2019 estimated in export prices. In general, production saw a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. As a result, production reached the peak level of $. From 2015 to 2019, production growth failed to regain the momentum.
The revenue of the hat and headgear market in Germany reduced to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2011 when the market value increased by % y-o-y. Hat and headgear consumption peaked at $ in 2018, and then contracted in the following year.