14/04/2022

14 April 2022
14 April 2022, Comments Comments Off on Germany records strong first quarter despite supply chain challenges
Germany records strong first quarter despite supply chain challenges

The latest results published by the Caravaning Industry Association (CIVD) show that demand for recreational vehicles in Germany has remained high during the first quarter of 2022, however supply chain issues and Easter being later this year have prevented the market setting another quarterly record.

New registrations of leisure vehicles in Germany actually fell slightly in the first quarter of the year. A total of 23,061 units were registered (-4.8% compared to 2021), only just missing the record figures achieved in 2021, but still more than the previous record years of 2019 and 2020.

Motorhome registrations declined by 8.3 percent to 17,485 newly registered units, while the market for caravans increased by 7.9 % to 5,576 new registrations.

Despite a lack of vehicle chassis, components and an overall shortage of materials, both mobile homes and caravans were able to top the results of the previous year in January and February. In particular, the increase in caravans is a positive development because that sector had suffered particularly from the supply chain problems in the previous year.

The course to a new record for the first quarter was slowed down in March. In addition to the ongoing problems in the supply chains, this can also be attributed to the postponed Easter business, which will not be visible until April this year. The March figures for motorhomes and caravans were in the red, but despite all the hurdles, motorhomes achieved the second-best March result of all time.

“The faltering supply chains continue to cause problems for the caravanning industry. Dealers and customers currently have to wait longer for their vehicles because the manufacturers lack materials and components,” says Daniel Onggowinarso, Managing Director of the Caravaning Industry Association (CIVD).

“In view of these challenges, the new registration figures for the first quarter are all the more remarkable and proof that manufacturers and suppliers are pulling out all the stops to meet the high demand for motorhomes and caravans,” sums up Onggowinarso.