The import of diazo-, azo-, or azoxy-compounds to Germany is projected to show a steady increase from 2024 to 2028. Starting at 10.151 million kilograms in 2024, the import volume is expected to rise annually, reaching 10.878 million kilograms by 2028. In 2023, the actual import volume stood at 9.965 million kilograms. The annual growth reflects a consistent upward trend, with year-on-year increments projected at approximately 1.84% in 2025 and 1.78% in subsequent years. The compound annual growth rate (CAGR) for the 2024-2028 period is estimated at 1.74%.
Future trends to watch for include:
- Potential shifts in demand driven by technological advancements and regulatory changes impacting the chemical industry.
- Fluctuations in raw material availability could influence import volumes.
- Trade relations and agreements may alter import dynamics significantly.
