As of 2023, there were approximately 2.9 thousand enterprises in Germany's wholesale of metals and metal ores sector. Forecasted data show a steady increase from 2024 to 2028, reaching 2.99 thousand enterprises. This represents a consistent year-on-year growth with slight percentage increases, illustrating a stable expansion trajectory for the sector. The compound annual growth rate (CAGR) over the next five years indicates a modest yet positive average yearly growth.
Future trends to watch for:
- Impact of technological advancements on supply chain efficiency
- Sustainability initiatives affecting the demand for specific types of metals
- Potential risks from geopolitical tensions affecting supply availability
- Fluctuations in global demand driven by industry-specific requirements