The import of waste of man-made fibres to Germany was valued at approximately $41.3 million in 2023. From 2024 to 2028, the forecast predicts a steady growth in import values, increasing from $41.698 million in 2024 to $43.302 million in 2028. This represents a consistent year-on-year growth around 1% during this period, with an average CAGR of approximately 1% over the five-year forecast period.
Future trends to watch for include:
- Growing emphasis on sustainability and recycling practices which may further increase demand for waste fibres.
- Potential policy changes affecting import tariffs and regulations, influencing market dynamics.
- Economic factors such as fluctuations in currency value that could impact import costs.