In 2023, Germany imported 91.0 million kilograms of parts for lifts, skip hoists, or escalators. From 2024 to 2028, the import volume is projected to steadily increase, reaching 99.202 million kilograms by 2028. The year-on-year percentage increase ranges from approximately 1.9% to 1.8%, indicating a consistent upward trend. The compound annual growth rate (CAGR) over the next five years suggests an average annual growth rate of about 1.8%.
Future trends to watch in this sector include:
- Technological advancements increasing the need for specialized parts.
- Infrastructure developments driving demand.
- Sustainability trends influencing material choices and import patterns.
