The forecast for the import of flexible plastic tubes, pipes, and hoses with a minimum burst pressure of 27.6 Mpa to Germany from 2024 to 2028 shows a consistent decrease. Starting at 5.3932 million kilograms in 2024, the volume is expected to gradually decline to 4.8177 million kilograms by 2028. In the past, as of 2023, the volume is not specified, but it serves as the base year for analyzing the current downward trend.
Year-on-year variations reveal a steady decrease, with each year showing a drop in import volume. Over the entire 5-year forecast period, the compound annual growth rate (CAGR) further highlights this downward trend, reflecting a consistent reduction in annual imports.
Future trends to watch for include:
- Environmental regulations that might encourage the use of alternative materials.
- Technological innovations in material strength and design reducing the need for high-pressure imports.
- Economic factors in Germany affecting industrial demand.
- Changes in global supply chain dynamics and raw material availability.