In 2023, the import volume of sets of different knives and cutlery sets to Germany was approximately stable. However, forecasts for 2024 to 2028 indicate a consistent decline. Starting at 1.2421 million kilograms in 2024, the imports are expected to decrease annually, reaching 0.77337 million kilograms by 2028. The year-on-year percentage changes reveal a downward trend: -9.72% in 2025, -10.54% in 2026, -11.56% in 2027, and -12.84% in 2028. Over the five-year period, the compound annual growth rate (CAGR) forecasts a negative growth trend.
Future trends to watch for:
- Market changes due to shifts in consumer preferences towards eco-friendly products.
- Potential impacts from international trade policies and tariffs.
- Innovation in materials and product designs impacting demand.
- Global supply chain dynamics and their possible disruptions.
