In 2023, Germany's import of parts for electrical transformers and inductors stood at a baseline. The forecast indicates a steady increase in import volumes from 96.99 million kilograms in 2024 to 108.33 million kilograms by 2028. Year-on-year growth from 2024 to 2025 is around 3%, with a similar increase expected through 2028. The compound annual growth rate (CAGR) over the five-year forecast period is approximately 2.8%.
Future trends to watch include:
- Innovations in energy efficiency which may impact demand for transformers and inductors components.
- Germany's renewable energy policies which could drive higher imports.
- Global supply chain dynamics that may affect availability and prices.
