The domestic material consumption of clays and kaolin in Germany has shown a declining trend from 2013 to 2023, registering at 12.56 million metric tons in 2023. A year-on-year comparison reveals a decrease of 3.31% from 2022 to 2023, and a similar 4.04% decrease from 2021 to 2022. Over the last five years (2018-2023), the compound annual growth rate (CAGR) portrays a downward trend at -2.18%.
Looking ahead, forecasts indicate a continued decline with the domestic material consumption projected to decrease to 10.47 million metric tons by 2028. This represents a forecasted 5-year CAGR of -2.9%, emphasizing a steady reduction.
Future trends to watch for:
- Potential shifts in the construction and manufacturing sectors that may impact clays and kaolin consumption.
- Technological advancements and adoption of alternative materials that could further influence demand.
- Global economic factors and policy changes that might affect raw material imports and domestic usage.