Press Wholesale turnover in 2022 expected to be up 1.0% in real terms on 2021

Wholesale turnover in 2022 expected to be 4.9% higher than before the Covid-19 crisis in 2019

Press release No. 059 of 14 February 2023

2022 (estimate, provisional, original values)
+1.0% on 2021 (in real terms)
+19.2% on 2021 (in nominal terms)

WIESBADEN – According to an estimate of the Federal Statistical Office (Destatis), turnover in wholesale trade in Germany recorded a new record high in 2022. The real (price-adjusted) turnover in wholesale trade was 1.0% higher and the nominal (not price-adjusted) turnover was 19.2% higher in 2022 compared with 2021, the year with the highest turnover ever recorded. Compared with 2019, the year before the Covid-19 pandemic broke out in Germany, turnover was up a real 4.9% and a nominal 30.7%. The difference between real and nominal turnover reflects the enormous increases in producer prices in wholesale trade, which - together with the Covid-related disruptions in global trade in goods and the related problems in supply chains - probably had a downward effect on turnover development.

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Basic data and long time series are available in table Turnover in wholesale trade (45211-0004) in the GENESIS-Online database.

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