As of 2023, Germany's domestic material consumption of metal ores stood at 38.80 million metric tons. Forecast data for 2024 through 2028 shows a steady increase in consumption, with values ranging from 38.88 million metric tons in 2024 to 39.25 million metric tons by 2028. This represents a consistent year-on-year increase of slightly less than 0.25%. The compound annual growth rate (CAGR) reflects a modest annual growth of approximately 0.2% over this five-year period.
Future trends to watch for include potential impacts from technological advancements in mining, shifts in global demand for metal ores, and sustainability regulations. These factors could significantly influence the domestic material consumption in Germany over the coming years. Monitoring these will be crucial for anticipating market shifts and making informed strategic decisions.
