Ceramic Household Article Market in Germany
Market Overview
The German ceramic household article market surged to $
in , jumping 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 ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
In value terms, ceramic household article production skyrocketed to $ in estimated in export price. Overall, production, however, saw a pronounced contraction. Ceramic household article production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.
in , jumping 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 ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.In value terms, ceramic household article production skyrocketed to $
in estimated in export price. Overall, production, however, saw a pronounced contraction. Ceramic household article production peaked at $ in 2007; however, from 2008 to , production failed to regain momentum.Consumption
In , ceramic household article consumption in Germany contracted slightly to tons, reducing by -% on figures. Over the period under review, consumption continues to indicate a noticeable descent. Ceramic household article consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.
The size of the ceramic household article market in Germany declined slightly to $ in , remaining relatively unchanged 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 ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $, and then dropped modestly in the following year.
, ceramic household article consumption in Germany contracted slightly to tons, reducing by -% on figures. Over the period under review, consumption continues to indicate a noticeable descent. Ceramic household article consumption peaked at tons in 2007; however, from 2008 to , consumption remained at a lower figure.The size of the ceramic household article market in Germany declined slightly to $
in , remaining relatively unchanged 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 ; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $, and then dropped modestly in the following year.Market Forecast
Depressed by shrinking demand for ceramic household article in Germany, the market is expected to continue its downward consumption trend over the next eight-year period. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of -
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Ceramic household article market in Germany consists almost entirely of imported products. In recent years, import price have increased sharply. Despite the hike in price, Germany relies completely on foreign supplies: the volume of domestic output remains insufficient to satiate market demand.
Trade Balance
Germany remains a net importer of ceramic household article; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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