The import value of aluminium and articles thereof to Germany stood at 19.756 billion USD in 2023, with forecasted data indicating a steady rise to 21.531 billion USD by 2028. The year-on-year variation displays moderate growth, with a consistent increase in imports each year by a few percentage points. The compound annual growth rate (CAGR) over the past five years is projected to be around 1.8%. This suggests a stable upward trend in aluminium imports.
Future trends to watch for include:
- The impact of global supply chain dynamics on aluminium prices and availability.
- Germany's transition towards sustainable energy and how it may affect aluminium demand.
- Potential trade policy changes within the EU and key export partners impacting import volumes.
