In 2023, the import value of electro and permanent magnets, and related equipment to Germany stood at approximately 1.2 billion US dollars. Forecasted data indicates a steady year-on-year growth, reaching 1.3447 billion US dollars by 2028. The anticipated compound annual growth rate (CAGR) for 2024-2028 is around 2.28%, reflecting stable demand and usage across sectors.

Future trends to watch for include:

Advancements in renewable energy technologies potentially increasing demand for magnets in wind turbines and electric vehicles.
Potential impact of global supply chain disruptions or trade agreements affecting the import volumes.
Technological developments in manufacturing sectors which could drive further demand for magnetic equipment.