Germany's import of wood tar and related products is forecasted to increase steadily from 2024 to 2028, with values rising annually. In 2023, the import volume was 4.31 million kilograms. Year-on-year growth from 2024 to 2025 is expected to be 2.97%, from 2025 to 2026 at 2.83%, from 2026 to 2027 at 2.69%, and from 2027 to 2028 at 2.57%. The compound annual growth rate (CAGR) over these five years is projected to be around 2.76%.
Future trends to watch for include:
- Global economic shifts impacting raw material supply chains.
- Environmental regulations affecting demand and sourcing methods.
- Technological advancements in material synthesis or alternatives.