The forecast for Germany's import of base metals or silver clad with gold shows a steady decline from 2024 to 2028. Annually, imports are expected to decrease, with values moving from 3.49 thousand kilograms in 2024 to 3.15 thousand kilograms by 2028. Considering the value stood at 3.58 thousand kilograms in 2023, this indicates a continuous reduction. The year-on-year decrease is approximately -2.29%, with a compound annual growth rate (CAGR) over the five-year forecast period not available due to missing historical data for 2019 and prior.
Future trends to watch for:
- Potential fluctuations in global base metal prices that may impact import volumes.
- Changes in technology and manufacturing processes in Germany that could alter demand.
- Global economic conditions influencing trade policies and tariffs.
- Innovation in sustainable and alternative materials reducing dependency on these imports.