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.