In 2023, Germany's import of extruders for working rubber or plastic stood at 59 million US dollars. The forecasted data suggest a steady increase from 2024 through 2028, with imports expected to rise from 60.033 to 63.915 million US dollars. The year-on-year growth rate is relatively modest, showcasing an approximate annual increment of around 1-2% each year. The Compound Annual Growth Rate (CAGR) over the five-year forecast period averages nearly 1.5% yearly, reflecting stable yet gradual growth in this sector.
Future trends to watch for include:
- Technological advancements and innovations driving demand for newer, more efficient extruders.
- Potential impacts of global trade policies and currency fluctuations on import volumes.
- Shifts in domestic production capacities of rubber and plastic products influencing import needs.