In 2023, Germany's import of machinery to prepare, tan, and work hides, skins, and leather was at a baseline level. From 2024 onwards, forecast data indicates a steady year-on-year increase in volume, with 2025 and 2026 showing moderate growth rates, and 2027 and 2028 maintaining this upward trajectory. The consistent rise suggests a robust demand for these imports. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a healthy expansion in this sector. Overall, the sector appears to benefit from a stable economic environment and market demand.
Future trends to watch for include:
- Technological advancements in leather processing machinery could further stimulate import demand.
- Environmental regulations and sustainability practices may impact machinery choice, affecting import trends.
- Fluctuations in raw material availability and trade policies could influence import volumes and pricing.
