Forecast: Import of Motor Vehicle to Germany

The import of motor vehicles to Germany from 2024 to 2028 shows a gradual decline, starting from 3.4152 million units in 2024 and reaching 3.2052 million units by 2028. This represents a steady downward trend in annual import volumes. From 2024, the year-on-year decreases are 1.56% in 2025, 1.57% in 2026, 1.57% in 2027, and 1.58% in 2028. The Compound Annual Growth Rate (CAGR) over the five-year period averages around -1.63%.

Future trends to watch for include potential shifts in consumer preference towards electric vehicles (EVs), changes in trade policies affecting import tariffs, and the ongoing impact of technological advancements in vehicle production and supply chain efficiencies. Additionally, economic factors such as consumer spending power and fuel prices could affect import volumes.

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