Germany - Radio Receivers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGermany's Radio Receiver Imports Drop 7%, Totaling $580 Million in 2023
Germany Radio Receiver Imports
In 2023, imports of radio receivers into Germany declined sharply to 8.8M units, shrinking by -21% against the previous year. Over the period under review, imports recorded a slight setback. The growth pace was the most rapid in 2015 with an increase of 128%. As a result, imports reached the peak of 16M units. From 2016 to 2023, the growth of imports failed to regain momentum.
In value terms, radio receiver imports shrank to $580M (IndexBox estimates) in 2023. In general, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2022 with an increase of 7% against the previous year. Over the period under review, imports attained the peak figure at $1.4B in 2013; however, from 2014 to 2023, imports remained at a lower figure.
| COUNTRY | Import Value of Radio Receiver in Germany (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Hungary | 88.1 | 75.0 | 32.8 | 51.1 | 47.6 | 56.2 | 55.1 | 110 | 85.0 | 107 | 191 |
| China | 346 | 345 | 291 | 240 | 260 | 238 | 254 | 146 | 171 | 207 | 122 |
| Portugal | 195 | 162 | 110 | 103 | 147 | 180 | 153 | 77.6 | 34.6 | 31.5 | 47.3 |
| Malaysia | 144 | 105 | 78.4 | 79.4 | 94.9 | 80.1 | 75.8 | 53.5 | 41.0 | 37.7 | 36.7 |
| Poland | 25.7 | 24.8 | 19.6 | 20.7 | 45.7 | 41.7 | 56.4 | 43.2 | 42.4 | 28.7 | 35.4 |
| Netherlands | 49.8 | 48.6 | 41.4 | 23.9 | 10.9 | 14.4 | 10.5 | 70.1 | 62.3 | 58.0 | 31.1 |
| Vietnam | 0.5 | 0.2 | 16.9 | 52.9 | 65.9 | 76.3 | 77.2 | 48.6 | 58.7 | 62.0 | 21.5 |
| Czech Republic | 231 | 194 | 75.7 | 54.0 | 31.1 | 16.4 | 9.2 | 11.8 | 12.3 | 8.3 | 7.6 |
| Others | 330 | 308 | 291 | 259 | 191 | 155 | 143 | 92.7 | 77.4 | 85.5 | 87.2 |
| Total | 1,411 | 1,263 | 956 | 883 | 895 | 858 | 833 | 654 | 585 | 626 | 580 |
Imports by Country
In 2023, China (3.9M units) constituted the largest supplier of radio receiver to Germany, accounting for a 44% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Hungary (1.5M units), threefold. the Netherlands (684K units) ranked third in terms of total imports with a 7.8% share.
From 2013 to 2023, the average annual growth rate of volume from China stood at -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+6.8% per year) and the Netherlands (+0.8% per year).
In value terms, Hungary ($191M), China ($122M) and Portugal ($47M) were the largest radio receiver suppliers to Germany, with a combined 62% share of total imports. Malaysia, Poland, the Netherlands, Vietnam and the Czech Republic lagged somewhat behind, together accounting for a further 23%.
Among the main suppliers, Vietnam, with a CAGR of +45.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports by Type
Radio-broadcast receivers; operational without external power source, without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy (2.8M units), radio-broadcast receivers (2.1M units) and radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus (1.2M units) were the main products of radio receiver imports to Germany, together accounting for 70% of total imports.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by radio-broadcast receivers; operational without external power source, without sound recording or reproducing apparatus, including apparatus capable of receiving radio-telephony or radio-telegraphy (with a CAGR of +18.1%), while imports for the other products experienced mixed trend patterns.
In value terms, radio-broadcast receivers ($254M), radio-broadcast receivers n.e.c. in heading no. 8527; combined with sound recording or reproducing apparatus ($132M) and radio receivers for motor vehicles ($72M) appeared to be the most imported types of radio receivers in Germany, with a combined 79% share of total imports.
Import Prices by Country
In 2023, the radio receiver price amounted to $66 per unit (CIF, Germany), rising by 17% against the previous year. Overall, the import price, however, saw a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 29% against the previous year. As a result, import price attained the peak level of $177 per unit. From 2015 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Malaysia ($167 per unit), while the price for Indonesia ($17 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the radio receiver market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26401100 - Radio broadcast receivers (except for cars), capable of operating without an external source of power
- Prodcom 26401270 - Radio receivers for motor vehicles with sound recording or reproducing apparatus
- Prodcom 26401290 - Radio receivers for motor vehicles, n.e.c.
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
