The import of aluminium and aluminium alloy plates, sheets, and strip to Germany is forecasted to steadily increase from 2024 to 2028, with values climbing from 972.12 million kilograms in 2024 to 1,040.7 million kilograms in 2028. Given that we are starting in 2024, the actual import value for 2023 is crucial for comparison, but historical 2023 data is not provided. The year-on-year growth rate over these forecasted years ranges between 1.8% to 1.7%, reflecting a consistent upward trend. The 5-year Compound Annual Growth Rate (CAGR) is approximately 1.7%.
Future trends to watch for include a potential impact from economic or geopolitical factors that could influence the demand for aluminium imports. Another critical trend could be innovations in aluminium recycling and its integration into Germany's supply chain, which may affect import volumes and alter long-term forecasts.
