Germany: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Germany

After three years of growth, the German plaits and basketwork market decreased by X% to $X in 2023. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2022, and then declined notably in the following year.

Plaits And Basketwork Production in Germany

In value terms, plaits and basketwork production reached $X in 2023 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Plaits and basketwork production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Plaits And Basketwork Exports

Exports from Germany

In 2023, overseas shipments of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, plaits and basketwork exports declined to $X in 2023. Overall, total exports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

Switzerland (X tons), Austria (X tons) and France (X tons) were the main destinations of plaits and basketwork exports from Germany, with a combined X% share of total exports. Poland, the Netherlands, Italy, the Czech Republic, the UK, Spain, Hungary, Belgium, Sweden and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plaits and basketwork exported from Germany were Switzerland ($X), Austria ($X) and Poland ($X), together comprising X% of total exports. France, the Netherlands, Italy, the UK, the Czech Republic, Spain, Belgium, Sweden, Hungary and Slovakia lagged somewhat behind, together comprising a further X%.

Hungary, with a CAGR of X%, saw 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 more modest paces of growth.

Export Prices by Country

In 2023, the average plaits and basketwork export price amounted to $X per ton, growing by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. The export price peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Germany

In 2023, after four years of growth, there was significant decline in supplies from abroad of plaits, basketwork, wickerwork and similar products of plaiting materials, when their volume decreased by X% to X tons. In general, imports saw a noticeable shrinkage. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then reduced markedly in the following year.

In value terms, plaits and basketwork imports contracted remarkably to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2022, and then reduced markedly in the following year.

Imports by Country

China (X tons), Vietnam (X tons) and Poland (X tons) were the main suppliers of plaits and basketwork imports to Germany, with a combined X% share of total imports. The Netherlands, Indonesia, Denmark and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plaits and basketwork suppliers to Germany were China ($X), Vietnam ($X) and the Netherlands ($X), together accounting for X% of total imports. Poland, Indonesia, Denmark and India lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Denmark, with a CAGR of X%, 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.

Import Prices by Country

The average plaits and basketwork import price stood at $X per ton in 2023, falling by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked at $X per ton in 2022, and then dropped modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Denmark ($X per ton), while the price for India ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform