Forecast: Domestic Material Consumption of Metals in Germany

The domestic material consumption of metals in Germany is projected to gradually increase from 40.86 million metric tons in 2024 to 41.15 million metric tons by 2028. In 2023, this consumption stood at approximately 40.8 million metric tons. Year-on-year growth is minimal, reflecting an incremental upward trend. The compound annual growth rate (CAGR) from 2024 to 2028 is slight, indicating steady demand.

Future trends to watch for include:

  • Technological advancements in recycling and sustainability practices that could influence metal consumption patterns.
  • Potential economic shifts, including changes in manufacturing outputs and the automotive sector, which could affect demand.
  • Governmental policies and environmental regulations that might push towards material efficiency or alternative materials.

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