In 2023, Germany imported 14.1 million kilograms of table, kitchen, and household articles of cast aluminium. Moving forward, forecasts predict a steady increase, reaching 15.518 million kilograms by 2028. Compared to 2023, the import volume in 2024 exhibits a 1.9% increase. Annual growth estimates include a 2.03% increase for 2025, 1.97% for 2026, 1.91% for 2027, and 1.86% for 2028. Over the five-year period, the compound annual growth rate (CAGR) is approximately 1.9%.
Future trends to watch:
- Changes in consumer preferences for sustainable materials that could affect aluminium's popularity.
- Potential impact of global trade policies and tariffs on import volumes.
- Technological advancements in alternative materials that may offer substitutes to cast aluminium.
- Economic conditions impacting household consumption and purchasing power.