The forecast for precious metals turnover in Germany shows a steady increase from 2024 to 2028, starting at 21.73 billion euros in 2024 and reaching 26.55 billion euros by 2028. For context, the actual turnover in 2023 was 20.55 billion euros. The expected year-on-year growth rates are approximately 5.6% from 2024 to 2025, 5.3% from 2025 to 2026, 5.0% from 2026 to 2027, and 4.7% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is around 5.1%.
Future trends to watch for include:
- Potential impact of global economic factors on precious metals demand.
- Technological advancements influencing mining and recycling processes.
- Geopolitical stability and policy changes affecting market dynamics.
- Environmental considerations and sustainable practices likely driving investment.