In 2023, the import of precious metal ores and concentrates to Germany was at a baseline measure just prior to 2024. From 2024 onward, forecasts indicate a steady increase in the volume of imports, starting at 67.997 million kilograms in 2024 and rising to 80.808 million kilograms by 2028. This represents an annual growth rate, with year-on-year increases averaging at roughly 3-4% during this period. The compound annual growth rate (CAGR) over the five-year forecast period stands considerably steady, underlining a consistent upward trend.
Future trends to watch for include advancements in precious metal extraction technologies and changing economic policies which could impact import volumes. Additionally, the global demand and supply dynamics in the precious metals market might influence these forecasts, potentially leading to revisions in expected import quantities.