As of 2023, the actual import volume of supported catalysts with precious metal or precious metal compounds as the active substance to Germany stood at 22.5 million kilograms. Forecasted from 2024 onwards, there is a discernible upward trajectory in import volumes: 23.233 million kilograms in 2024, rising gradually to 26.371 million kilograms by 2028.
The year-on-year growth percentages depict a steady increase: 3.5% in 2024, 3.5% in 2025, 3.3% in 2026, and so on. The compound annual growth rate (CAGR) over this five-year forecast period is projected at approximately 3.5% annually.
Future trends to watch for:
- Technological advancements increasing efficiency, potentially altering demand.
- Changes in environmental regulations impacting resource allocation.
- Fluctuations in global precious metal prices affecting overall import costs.
- Continued emphasis on sustainable and eco-friendly solutions driving innovation.
