In 2023, the import value of small automobiles with spark-ignition engines to Germany was approximately $6 billion USD. Forecasted data from 2024 to 2028 shows a steady increase in import values, starting from 6.45 billion USD in 2024 and reaching 7.70 billion USD in 2028. This reflects compound annual growth of around 4.5% over the five-year period.
Key trends to observe include:
- Potential shifts in consumer preferences towards eco-friendly and electric vehicles, affecting the demand for small spark-ignition engine cars.
- Economic factors such as exchange rates and international trade policies could impact import volumes and values.