The forecast for Germany's imports of machines for public works and building from 2024 to 2028 shows a steady growth. The volume in 2023 stood at 11.355 million kilograms. Based on the provided data, imports are expected to rise progressively from 11.629 million kilograms in 2024 to 12.61 million kilograms in 2028. Year-on-year growth rates for 2024 and 2025 are approximately 2.2% and 2.1%, respectively. The compound annual growth rate (CAGR) over the five-year forecast period stands at approximately 2.09%.
Future trends to watch for include:
- Technological advancements in machines enhancing efficiency.
- The potential impact of environmental regulations on machinery specifications.
- Economic factors influencing public infrastructure investments.
- Global supply chain disruptions that may affect imports.
