First half of 2023

German DIY stores turn over 2.3 per cent less

(Source: Pexels)

In Germany, DIY store sales fell by 2.3 per cent in the first half of 2023 compared with the same period last year, attaining a value of EUR 11.25 bn. This must be considered, however, in comparison to the high double-digit increase from the first quarter of 2022, commented the German DIY association BHB in categorising the figures. A press release goes on to say: "In addition to the impact of consumer anxiety, which was already apparent in the previous year, coupled with high energy costs and continuing high inflation, there are now the effects of a rainy and cold spring that persisted into the early days of May.” Sales were also down 2.3 per cent on a like-for-like basis.

The overall situation in Germany is also clearly reflected in the individual ranges. Products in the leisure/seasonal goods ranges recorded the largest decline of -15.9 per cent, closely followed by timber (-12.6 per cent), garden equipment (-12.3 per cent) and tiles (-10.6 per cent). The biggest increases in the first six months were in garden chemicals/soil/seeds (+8.1 per cent), household items (+7.1 per cent) and automotive (+5.3 per cent).

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