The forecast for Germany's glass fibre imports shows a consistent increase from 540.62 million kilograms in 2024 to 578.41 million kilograms by 2028. This upward trend reflects a growing demand, with the forecasted imports rising year-on-year. From 2024 to 2025, the increase is approximately 1.77%, and from 2025 to 2026, it's about 1.72%. Subsequent years show a similar pattern, culminating in a compound annual growth rate (CAGR) of around 1.71% over the five-year period. By 2023, the actual import value stood at a reference point slightly below the forecast for 2024.
Future trends to watch for include:
- Technological advancements in glass fibre production.
- Shifts in global supply chain dynamics impacting import volumes.
- Increased demand from industries such as automotive and construction.
- Potential regulatory changes affecting material standards and import tariffs.