In 2023, Germany's import of lac, natural gums, resins, gum-resins, and balsams stood at approximately 48 million US dollars. From 2024 to 2028, the forecast suggests a gradual increase, with values reaching 50.956 million US dollars by 2028. Year-on-year growth from 2024 to 2025 is around 1.23%, while from 2025 to 2026 it is about 1.20%. The average compound annual growth rate (CAGR) over the five years is projected at 1.15%, indicating a stable but modest upward trend in this sector.
Future trends to watch include:
- Potential changes in environmental regulations affecting production and importation of these materials.
- Fluctuations in demand from industries such as pharmaceuticals and food processing.
- Developments in synthetic alternatives that could impact market dynamics.