The import of bricks, tiles, and construction products to Germany exhibited considerable fluctuations from 2013 to 2023, with significant growth in some years and declines in others. The value stood at 24.17 million items in 2023. Over the last two years, the imports decreased by 5.44% annually. Analyzing the past five years, the average annual growth rate (CAGR) from 2020 to 2023 was 3.15%.
Looking ahead, the forecast indicates a consistent decline with an expected five-year CAGR of -5.23% from 2024 to 2028. By 2028, the import value is projected to decrease to 17.427 million items, reflecting a substantial reduction of 23.55% from current levels.
Future Trends to Watch For:
- Potential impacts of changing construction regulations and sustainability initiatives.
- The influence of economic conditions and housing market dynamics on import levels.
- The effects of technological advancements and material innovations in construction.
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