The unwrought non-alloy zinc market in Germany has shown a consistently declining trend in recent years. As of 2023, market volume stands at 199.34 million kilograms, reflecting a year-on-year decrease of 4.47% from 2022. Over the past five years, the compound annual growth rate (CAGR) is calculated at -5.78%. Looking forward, projections show a continuation of this downward trajectory, with an average annual decline of 4.11% expected from 2024 to 2028.
Future trends to watch for include potential influences of technological advancements in zinc applications, shifts in demand driven by green energy and electric vehicles, and changes in global zinc supply dynamics, which could alter market expectations and stabilize or reverse current declines.
