The import of twines, cordage, rope, and cables of textile materials to Germany is expected to consistently rise from 2024 to 2028. In 2023, the volume stood at approximately 1.261 million kilograms. The forecast indicates a steady growth with slight year-on-year increases.
Between 2024 and 2025, the import volume is projected to increase by 1.81%, from 2025 to 2026 by 1.76%, from 2026 to 2027 by 1.71%, and from 2027 to 2028 by 1.67%. The compound annual growth rate (CAGR) for this period is anticipated to be approximately 1.76%.
Future trends to watch:
- Potential alterations in trade agreements and tariffs that could impact import volumes.
- Shifts in domestic production capabilities or technological advancements affecting import reliance.
- Changes in consumer demand or industrial usage influencing import requirements.
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