In 2023, Germany's import of man-made filament yarn stood at 2.075 million USD. The forecast for 2024 projects a value of 1.966 million USD, indicating a year-on-year decrease of about 5.25%. Subsequent years continue to show a downward trajectory with 2025 estimated at 1.8642 million USD (a 5.19% decrease), 1.7644 million USD in 2026 (a 5.34% decrease), 1.6667 million USD in 2027 (a 5.53% decrease), and finally 1.5708 million USD in 2028 (a 5.76% decrease). The compound annual growth rate (CAGR) over these five years projects an overall decline of approximately 5.44% annually.
Future trends to watch for include:
- The impact of increasing sustainability practices on synthetic materials demand.
- Global economic factors influencing import prices and trade policies.
- Technological advancements in textile production affecting local vs. import balances.
