Forecast: Import of Shock Absorbers for Motor Vehicles to Germany

The import volume of shock absorbers for motor vehicles to Germany is forecasted to steadily increase from 358.94 million kilograms in 2024 to 410.84 million kilograms in 2028. As of 2024, the trend signifies a consistent annual growth rate, with year-on-year increases of 3.72% in 2025, 3.52% in 2026, 3.33% in 2027, and 3.15% in 2028. Over the years from 2024 to 2028, this suggests a compound annual growth rate (CAGR) that reflects a healthy demand and intensified import activity within the German automotive sector.

Future trends to watch for include:

  • Technological advancements in vehicle production potentially driving greater need for advanced shock absorbers.
  • Shifts in global trade policies affecting sourcing strategies and import volumes.
  • Possible automotive industry transitions towards electric vehicles altering component demand patterns, including that of shock absorbers.

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