In 2023, Germany's precious metals imports stood at a volume of 202.5 thousand metric tons. Forecasted data shows a consistent upward trend in imports, with a year-on-year increase of approximately 1.8% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) projected over the 5-year period is around 1.7%, reflecting steady growth in import volumes.
Future trends to watch include:
- The impact of global economic conditions and geopolitical developments on commodity prices and availability.
- Technological advancements in recycling which may affect demand for imports.
- Environmental regulations and policies driving sustainability and potentially influencing import volumes.