The import of petroleum bitumen to Germany is projected to decrease steadily from 2024 to 2028, starting at 62.39 million USD in 2024 and declining to 45.213 million USD by 2028. Compared to 2023, this marks a significant downturn, indicating a shrinking reliance on imported bitumen. The year-on-year percentage decline suggests a clear downward trend over the period, with the compound annual growth rate (CAGR) over these five years highlighting an average annual decrease. This suggests a growing focus on alternative materials or domestic production.
Future trends to watch for include the impact of environmental regulations, technological advancements in alternative materials, and potential economic shifts affecting trade relationships. These could further influence the volume and value of bitumen imports in the coming years.
