The import of parts of machinery for making pulp, paper, or board to Germany is projected to grow steadily between 2024 and 2028. The forecast indicates a continuous increase from 6.7439 million kilograms in 2024 to 7.1747 million kilograms by 2028. In 2023, the volume stood at approximately 6.65 million kilograms, thus highlighting a year-on-year growth rate of around 1.4% in 2024. Looking at a five-year horizon, the compound annual growth rate (CAGR) is expected to average around 1.6% annually over the forecast period.
Future trends to watch for include technological advancements in machinery production, potential changes in international trade policies affecting imports, and the overall demand for pulp and paper products, which could influence the demand for machinery parts significantly.
