Forecast: Sold Production of Compounds of Rare-Earth Metals of Yttrium or of Scandium or Mixtures of These Metals in Germany

The forecasted sold production of compounds of rare-earth metals, specifically those of yttrium or scandium, in Germany indicates a consistent decline from 2024 to 2028. In 2023, the actual production value was [data not provided], with a projected decrease in the following years. From 2024 to 2025, there's an anticipated percentage decrease, marking a consistent downward trend year-on-year until 2028. The compound annual growth rate (CAGR) over these five years further underscores an average annual decline in production output.

Future trends to watch for include:

  • Technological advancements potentially reducing reliance on these compounds, impacting demand.
  • Global economic factors affecting the availability and pricing of rare-earth metals.
  • Environmental regulations that may influence production practices and capacities.

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