In 2023, the production of tiles, flagstones, bricks, and similar articles of cement, concrete, or artificial stone in Germany is at a stable value which leads to a forecasted decline in the upcoming years. From 2024 to 2028, the forecast suggests a steady decrease from 1.6731 billion euros to 1.5074 billion euros. This represents an annual decrease of approximately 2% year-on-year, with a projected compound annual growth rate (CAGR) of -2.51% over the five-year period from 2024 to 2028.
- Year-on-year decrease:
- 2024-2025: -2.51%
- 2025-2026: -2.55%
- 2026-2027: -2.59%
- 2027-2028: -2.64%
Future trends to watch in this industry include:
- Shifts towards more sustainable building practices that may affect production.
- Technological advancements in construction materials.
- Changes in housing demand and infrastructure investments in Germany.
