The Gross Value Added (GVA) of land transport and pipeline transportation in Germany has shown robust growth from 2013 to 2023, with a notable dip in 2020 due to external shocks, followed by a strong recovery. In 2023, the GVA stood at 55.66 billion euros. Over the past two years, the year-on-year variations were 7.7% in 2022 and 4.91% in 2023. The average CAGR over the last five years was 1.95%. Future growth estimates indicate a continued upward trajectory with a 5-year forecasted CAGR of 1.62% and an overall growth rate of 8.38% by 2028.
Future trends to watch for include:
- Technological advancements in transport and logistics, which may increase efficiency and reduce costs.
- Government policies and investments in infrastructure that could significantly impact growth rates.
- Potential disruptions caused by economic fluctuations, geopolitical tensions, or environmental regulations.