In 2023, there were 685 enterprises in the Precious Metals and Non-Ferrous Metals Manufacturing sector in Germany. Based on forecasted data, the number of enterprises is expected to decline steadily from 2024 to 2028, decreasing from 678 in 2024 to 652 in 2028. This reflects a continuous year-on-year decline, with a negative trend of approximately -1% annually over the forecasted period. The compound annual growth rate (CAGR) for the five-year period from 2024 to 2028 is expected to exhibit a gradual reduction, indicating a consistent contraction rate in the sector.
Future trends to watch include the impact of technological advancements, regulatory shifts, and global market dynamics on the sector. Economic factors such as trade policies, environmental regulations, and the evolving demand for sustainable materials may further influence the number of enterprises in the industry.
