The forecast for Germany's import of parts of machinery for the leather industry from 2024 to 2028 shows a consistent decline. The volume is projected to decrease each year from 222.57 thousand kilograms in 2024 to 189.22 thousand kilograms in 2028. This represents a year-on-year decline of approximately 3.9% from 2024 to 2025, and the compound annual growth rate (CAGR) over the five-year period is expected to be negative. As we are in 2024, the reference point for 2023 stands at a higher volume, though specific 2023 data is not provided here.
Future trends to watch for may include advancements in leather machinery technology that could reduce the need for imported parts or changes in the leather industry that might affect machinery requirements in Germany. Monitoring economic factors and supply chain developments will also be crucial in understanding future import dynamics.
