In 2023, the production in the forging, pressing, stamping, and roll-forming of metal and powder metallurgy sector in Germany stood at 25.75 billion Euros. The forecasted data from 2024 onwards shows a steady growth trajectory, starting from 26.27 billion Euros in 2024 and reaching 28.39 billion Euros in 2028. This represents an average annual growth rate (CAGR) of approximately 2.0% over the next five years.
Key points to note:
- From 2024 to 2025, there is an expected year-on-year increase of 2.06%.
- Between 2025 and 2026, the production value is anticipated to grow by 1.98%.
- Growth from 2026 to 2027 is estimated at 1.94%.
- The increase from 2027 to 2028 is projected to be 1.87%.
Future trends to watch for include technological advances in manufacturing processes, global economic factors, and policy changes in environmental regulations that could impact production costs and demand patterns in the sector.
