SOURCE: USDOC, International Trade Administration SOURCE KEY: IT PROGRAM KEY: IT MARKET PROGRAM: Market Research Reports UPDATE: Monthly ID NUMBER: IT MARKET 111110100 TITLE: GERMANY, W. - BOATS/MARINE ACCESSORIES - INDUSTRY ANALYSIS -ISA9 DATA TYPE: TEXT END YEAR: 1992 UPDATED: 09/18/92 KEYWORDS 1: | 9005 | BEST|PROSPECTS | BOATS | CC428 | COMMERCIAL VESSELS & EQ. (NON|FISHERIES) | COMPETITION | CVR | GERMANY | ISA | ISA9005 | MARINE|ACCESSORIES | MARKET|ACCESS | MARKET|ASSESSMENT | STATISTICS | TRADE|CONTACTS | TRADE|PROMOTION COUNTRY: | GERMANY | WEST GERMANY | EAST GERMANY | EC | EEC | EUROPE | EUROPEAN COMMUNITY | EUROPEAN ECONOMIC COMMUNITY | OECD | ORGANIZATION FOR ECONOMIC COOPERATION & DEVELOPMENT | ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMET | WEST EUROPE | WESTERN EUROPE | WESTERN EUROPEAN COUNTRIES TEXT GERMANY, W. - BOATS/MARINE ACCESSORIES - INDUSTRY ANALYSIS -ISA9005 SUMMARY This article is derived from a report titled: "The Boat and Marine Accessories Market in Germany", dated May 1990, prepared by S. Glar, American Consulate, Dusseldorf. This article consists of 9 pages and contains the following subtopics: Market Assessment Competitive Situation Market Access Trade Promotion Opportunities Best Sales Prospects Statistical Data A. MARKET ASSESSMENT This report is based on German production and foreign trade statistics for the following nine categories of the boating and marine accessories industry: motor/pleasure boats, motor yachts, sailboats and sailing yachts, inflatable boats, small watercraft (rowing and paddle boats, canoes), surfboards, sails, outboard motors, nautical instruments and equipment. For 1989, the combined boat and marine accessories market in Germany totaled DM 715 million ($380.3 million). German products accounted for 20.3% or DM 145 million ($77.1 million) of the market while imports captured the lion's share with 79.7% or DM 570 million ($303.2 million). In 1989, 77% or DM 485 million ($260 million) of German manufactured boats and marine accessories were exported. Focusing on boats only, the German market amounted to DM 516 million ($274.5 million). Of this amount, domestic production supplied 32.2% or DM 166 million ($88.3 million), while imports provided 67.8% or DM 350 million ($186.2 million). German exports of boats reached DM 184 million ($97.9 million), 52.6% of German boat production that year. According to industry experts, 1990 production of German boats and marine accessories might increase by 2 to 3%. In addition, German exports are expected to grow slightly (about 1%), while imports are anticipated to grow 3 - 5% that year. B. COMPETITIVE SITUATION Competition is strong in the boat market in Germany. Seven European nations and the USA supply 83.8% of German imports in this sector. In 1989, the three leading suppliers of boats to Germany were the U.S., with an import market share of 19.6% or DM 68.7 million ($36.5 million); The Netherlands, with an import market share of 18.6% or DM 65.2 million ($34.7 million); and the U.K., with 11% or DM 38.8 million ($20.6 million). Closely following the top three were Sweden with 8.9% or DM 31.3 million ($16.6 million), France and Denmark, both with 7.9% or DM 27.7 million ($14.7). In 1989, the U.S. changed places with The Netherlands, which until 1988 had been Germany's leading boat supplier. If boats and marine accessories imports are added, Germany's leading three suppliers were: the U.S. with DM 97.0 million ($51.6 million), The Netherlands with DM 74.8 million ($39.8 million) and Sweden with DM 71.5 million ($38.0 million). German marine accessories imports totaled DM 220 million ($117 million) in 1989. The three leading suppliers to Germany in this market segment were Sweden, with an import market share of 18.3% or DM 40.2 million ($21.4 million), followed by the U.S. with 12.9% or DM 28.3 million ($15 million), the U.K. with 11.4% or DM 25.0 million ($13.3 million), and Hong Kong, with 10.6% or DM 23.3 million ($12.4 million). C. MARKET ACCESS Whereas boats are sold through boat dealers in Germany, surfing equipment is sold through special surf retail shops, surf schools and the sports divisions of the department stores. Below is a list (A) of some of the leading boat dealers followed (B) by four leading department store chains which carry water and marine accessory items: A. Baensch GmbH (SeaRay and Postfach 1260 Boston Whaler boats) W-3052 Bad Nenndorf, Germany Phone: (05723) 30 05-07 T-Fax: (05723) 75 505 California Boote, (Malibu tow boats, Heinz Tichy Thunder Craft boats) Eichenstr. 27 W-6000 Frankfurt/Main 80, Germany Phone: (069) 39 28 28 T-Fax: (069) 39 36 95 Adolf Flohr Motoryachten GmbH (Bertram yachts) Moorburger Str. 8 W-2000 Hamburg 90, Germany Phone: (040) 77 14 77 T-Fax: (040) 77 96 23 GD US-Marine Center (Stingray boats, Elpke 110-112 Bayliner boats) W-4800 Bielefeld 1, Germany Phone: (0521) 20 00 61 T-Fax: (0521) 20 80 217 Gruendl Bootsimport (Cobra boats) Nordring 1 W-2087 Boenningstedt-Hamburg, Germany Phone: (040) 55 669 T-Fax: (040) 55 66 621 Gebr. Hirch GmbH (Monterrey boats, Messeler Park-Str. 124 Seabring Marine, Inc.) W-6108 Darmstadt 23, Germany Phone: (06150) 63 28 T-Fax: (06150) 65 99 Boote Loeffler GmbH (Invader boats) Gunther-Plueschow-Str. 22 Industriegebiet Butzweilerhof W-5000 Koeln 30, Germany Phone: (0221) 51 12 95 T-Fax: (0221) 59 38 49 Marine Olbermann (Freedom boats) Attn.: Mr. Olbermann, Junior Rheinauhafen W-5000 Koeln 1, Germany Phone: (0221) 32 70 11/12 T-Fax: (0221) 32 64 77 Muhl, Freizeit und Sport GmbH (Supra Sport speedboats, Postfach 1408 Ebbtide boats) Prof.-Oelkers-Str. 42 W-3510 Hann. Muenden, Germany Phone: (05541) 80 45 T-Fax: (05541) 43 07 Nautic Willersinn GmbH & Co.KG (4 Winns boats, Larson boats, Postfach 100 Century boats) Am Sandzug 2 W-6701 Altrip, Germany Phone: (06236) 20 41/42 T-Fax: (06236) 21 17 Hansotto Noll, Yachthandel (Hatteras yachts, GmbH Viking yachts) Uhlengrund 39 W-2105 Seevetal 3, Germany Phone: (04105) 80 200 T-Fax: (04104) 83 822 RICO-Marine Bootsvertrieb (Tempest yachts, Xylem power- und Service GmbH boats) Postfach 80 15 03 Grillparzerstr. 5 W-8000 Muenchen 80 Germany Phone: (089) 47 96 79 T-Fax: (089) 47 01 468 Gebr. Salomon, Wassersport (Maxum boats, Celebrity Carl-Zeiss-Str. 24 boats) W-5110 Alsdorf b. Aachen, Geramny Phone: (02404) 83 93 T-Fax: (02404) 81 970 Siegel Sportboote (Galaxy, Starline, Sportcraft Stauweiher 5 and Teka boats) W-5270 Gummersbach-Derschlag, Germany Phone: (02261) 52 026 T-Fax: (02261) 57 240 Sport Herrmanns GmbH & Co. (Bayliner boats) Jakobshoehe W-4050 Moenchengladbach, Germany Phone: (02161) 60 616 T-Fax: (02161) 60 44 41 B. Tibus Bootsimport (Formula boats) Industriestr. W-3429 Rhumspringe, Germany Phone: (05529) 10 02 T-Fax: (05529) 614 Weba GmbH (Glastron boats) An der Fohlenweide 26 W-6704 Mutterstadt, Germany Phone: (06234) 14 31 T-Fax: (06234) 77 41 Sport-Boot-Center Wohler (Renken boats) GmbH & Co. KG Borsigstr. 5 W-5132 Uebach-Palenberg 2, Germany Phone: (02451) 43 663 T-Fax: (02451) 46 762 Yachtvertrieb-Wassersport (Cobia boats) R. Herbe Neckartalstr. 8 W-7140 Ludwigsburg-Neckarweihingen, Germany Phone: (07141) 58 424 T-Fax: (07141) 58 575 B. Karstadt AG Theodor-Althoff-Str. 2 W-4300 Essen 1, Germany Phone: (0201) 72 71 T-Fax: (0201) 72 75 216 Kaufhof AG Leonhard-Tietz-Str. 1 W-5000 Koeln 1, Germany Phone: (0221) 22 301 T-Fax: (0221) 22 32 800 Hertie Waren- und Kaufhaus GmbH Lyoner Str. 15 W-6000 Frankfurt/M. 71, Germany Phone: (069) 66 811 T-Fax: (069) 66 81 518 Horten AG Am Seestern 1 W-4000 Duesseldorf-Niederkassel, Germany Phone: (0211) 59 901 T-Fax: (0211) 59 90 610 D. TRADE PROMOTION OPPORTUNITIES In Germany, trade fairs play an important role in product marketing. U.S. companies wishing to enter the German market may wish to make their first approach through a major trade fair. There are three important international trade fairs held annually in Germany in this sector: EVENT BOOT (BOAT) (International Boat and Marine Accessories Show) SITE Duesseldorf Fair Ground DATE(S) January 19-27, 1991 ORGANIZER Duesseldorfer Messegesellschaft mbH NOWEA ADDRESS Postfach 32 02 03 W-4000 Duesseldorf 30, Germany PHONE (0211) 45 60 01 T-FAX (0211) 45 60 668 EXHIBITORS 1,500 VISITORS 395,000 (last held January 1990) or, contact in the United States DTS - Dusseldorf Trade Shows Inc. Mr. Christian Winslow, Manager The Empire State Building, Suite 4621 350 Fifth Avenue New York, NY 10118 PHONE (212) 23 93 750 T-FAX (212) 23 93 174 EVENT INTERBOOT (INTERBOAT) (International Watersport Exhibition) SITE Friedrichshafen Fair Grounds DATE(S) September 21-29, 1990 ORGANIZER Internationale Bodensee-Messe GmbH Friedrichshafen Messegelaende W-7990 Friedrichshafen 1, Germany PHONE (07541) 70 80 108 T-FAX (07541) 70 810 EXHIBITORS 850 VISITORS 150,000 (last held September 1989) EVENT HANSEBOOT (HANSEBOAT) (International Boat Show) SITE Hamburg Fair Grounds DATE(S) October 27 - November 4, 1990 ORGANIZER Hamburg Messe & Congress GmbH Postfach 30 24 80 Jungiusstr. 13, Messehaus W-2000 Hamburg 36, Germany PHONE (040) 35 690 T-FAX (040) 35 69 21 80 EXHIBITORS 700 VISITORS 150,000 (last held October 1989) or, contact in the United States VON LEHSTEN INC. DIETER VON LEHSTEN 38 W. 32nd St. Suite 1000 New York, NY 10001 PHONE (212) 96 73 110 T-FAX (212) 62 96 052 MAJOR TRADE ASSOCIATIONS The following associations are sources of information for the pleasure boats and marine accessories market in Germany: Deutscher Boots- und Schiffbauer-Verband (DBSV) (German Shipbuilders Association) Postfach 30 12 27 Jungiusstr. 13 W-2000 Hamburg 36, Germany PHONE: (040) 35 28 17 T-FAX: (040) 34 42 27 BWVS - Bundeswirtschaftsvereinigung Freizeitschiffahrt e.V. (German Boating Association) Postfach 25 03 70 Rheinauhafen - Agrippina-Werft W-5000 Koeln 1, Germany PHONE: (0221) 31 30 79 T-FAX: (0221) 32 54 17 MAJOR TRADE PUBLICATIONS Next to trade fair participation, advertising plays an important role in sales promotion. The more important German trade magazines for this sector are listed below: YACHT Delius Klasing & Co. Postfach 4809 Siekerwall 21 W-4800 Bielefeld, Germany Phone: (0521) 55 90 T-Fax: (0521) 55 91 13 Frequency of publication: 25 editions per year Circulation: 134,200 STANDER Westdeutsche Verlagsanstalt Postfach 3054 Ahmser Str. 190 W-4900 Herford, Germany Phone: (05221) 77 50 T-Fax: (05221) 77 52 15 Frequency of publication: 12 editions per year Circulation: 40,000 BOOTE Delius Klasing & Co. Postfach 4809 Siekerwall 21 W-4800 Bielefeld, Germany Phone: (0521) 55 90 T-Fax: (0521) 55 91 13 Frequency of publication: 12 editions per year Circulation: 78,000 E. BEST SALES PROSPECTS The best sales potential during the period 1990-1993 for U.S. boats and marine accessories is expected to be in the following categories: SIC NUMBER PRODUCT 37322, 37325 Motorboats, cabin boats, motoryachts 3662416 Radar equipment, marine electronics 3662417 Marine navigational systems 3429711 Marine hardware 3732713 Sailboats 3949598 Surfboards, windsurfing accessories During 1988/1989 German boat dealers signed numerous new representation agreements with U.S. motorboat manufacturers. At present, many German firms represent more than one U.S. company, some represent up to five U.S. boat brands. Since the representation capacities of most German boat dealers are filled, US&FCS Dusseldorf does not anticipate that U.S. boat manufacturers not yet represented in Germany will easily find a representative during 1990/1991. Because of these tight capacities, recent ADS surveys done by US&FCS Dusseldorf on behalf of new-to-the-market U.S. boat manufacturers revealed increased desinterest in additional U.S. boat brands on the part of German boat dealers. F. STATISTICAL DATA Boats and Marine Accessories TABLE I Base Real Year Estimated Projected Growth (DM Millions) 1988* 1989* 1990** 1993** Rate(%)*** IMPORT MARKET 530 570 593 660 0 - 5 Plus PRODUCTION 615 630 649 675 0 - 5 Less EXPORTS 470 485 490 525 0 - 5 Equals CONSUMPTION 675 715 752 810 0 - 5 IMPORTS FROM USA 80 97 99 105 0 - 5 TABLE II (Similar to Table I, but expressed in US $ Millions) Base Year Estimated Projected 1988* 1989* 1990** 1993** IMPORT MARKET 301 303 348 388 Plus PRODUCTION 349 335 382 397 Less EXPORTS 267 258 288 309 Equals CONSUMPTION 383 380 442 476 IMPORTS FROM USA 45 52 58 62 * Expressed in Nominal Terms for purposes of compatability with other sources ** Estimates and Projections are expressed in Constant Terms *** Average annual real growth rate, projected through 1993, expressed in a percentage range NOTE: Growth rates noted in this report are calculated on the basis of German currency values shown. INFLATION IN GERMANY 1988: (estimate) 1.3% 1989: (estimate) 2.8% 1990: (assumed) 3% 1991: (assumed) 3.5% 1989 West German Import Market Shares (USA and major competitors): BOATS: USA 19.6% The Netherlands 18.6% United Kingdom 11.0% MARINE ACCESSORIES: USA 12.9% Sweden 18.3% United Kingdom 11.4% Hong Kong 10.6% THE EC INTERNAL MARKET 1993 German boat manufacturers and boat importers/dealers do not expect their business to be affected to a large extent by the forthcoming EC Internal Market. They believe however, that the already existing heavy competition will sharpen further and that price slumps will be the logical consequence. The boat importers fear the extreme U.S. Dollar fluctuations which affect their business much more than any imaginable evil of the future EC Internal Market possibly could. SOURCES: German import and export statistics: published in AUSSENHANDEL, October 1988 and November 1989 editions, by Federal Statistics Office in Wiesbaden. German production statistics for boats, 1989, were supplied by BWVS - Bundeswirtschaftsvereinigung Freizeitschiffahrt e.V., Rheinauhafen, W-5000 Koeln 1, Germany. Exchange Rate used 1988 1989 1990 1991-1993 throughout Report $1 = DM 1.76 1.88 1.70 1.70 (Revised from previous reports)
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