The import of Electronic Integrated Circuits and Microassemblies to Germany has shown variability over the years. Between 2013 and 2023, import values have generally increased, with notable growth spurts in 2017 and 2021, reflecting year-on-year variations of 25.27% and 24.15%, respectively. However, there were declines in 2015, 2019, and significantly in 2020 due to global disruptions, with a year-on-year change of -14.34%. In recent years, the growth has stabilized, showing a 2.76% increase in 2023 to reach a value of 22.057 billion USD.
Future trends to watch for include a steady growth forecast, with a five-year compound annual growth rate (CAGR) of 2.06% expected from 2024 to 2028, resulting in a total growth rate of 10.75%. This suggests a consistent demand and dependency on integrated circuits and microassemblies in Germany amidst evolving technological advancements. Nevertheless, future import trends might be influenced by supply chain stability, technological innovations, and geopolitical developments.
- 2023 Value: 22.057 billion USD
- Recent Variations:
- Last two years (2022-2023): 2.76% increase
- Average yearly variation (2019-2023): 2.20% CAGR
- Future Forecast (2024-2028):
- Five-year CAGR: 2.06%
- Total growth rate: 10.75%
