In 2023, the gross investment in the preparation and spinning of textile fibres sector in Germany was 10.9 million euros. The forecasted data for 2024 to 2028 reveals a downward trend, with investment values decreasing each year: 10.3 million euros in 2024, 9.6 million euros in 2025, 8.8 million euros in 2026, 8.2 million euros in 2027, and finally reaching 7.5 million euros in 2028.
The year-on-year percentage decrease is evident as the sector faces declining investments. For the period from 2023 to 2024, the decline is approximately 5.5%, followed by smaller declines of 6.8% from 2024 to 2025, 8.3% from 2025 to 2026, 6.8% from 2026 to 2027, and 8.5% from 2027 to 2028. The compounded annual growth rate (CAGR) for this period shows an average annual decrease of about 7.25% over the five years.
Future trends to watch in this sector include:
- Shifts in global textile demand patterns impacting investment decisions.
- Technological advancements potentially leading to more efficient production processes, which might alter investment needs.
- Policy changes at both EU and national levels influencing the industry.
