Forecast: Import of Compounds of Rare-Earth Metals of Yttrium or of Scandium or Mixtures of These Metals to Germany

The import forecast for compounds of rare-earth metals, including yttrium or scandium, to Germany shows a steady upward trend from 2024 to 2028. The values, measured in million kilograms, reflect a consistent year-on-year growth rate of around 1.4%. In 2023, the import volume stood at approximately 10.040 million kilograms. This indicates a gradual increase in Germany's import reliance or demand for these strategic materials.

Future trends to watch for:

  • Global demand shifts due to technological advancements in sectors like electronics and renewable energy.
  • Potential changes in international trade policies affecting rare-earth metal sourcing.
  • Developments in rare-earth recycling technologies that could influence import needs.

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