From 2013 to 2023, the import volume of fluoropolymers to Germany exhibited fluctuations. Starting at 16.086 Million Kilograms in 2013, it grew to reach 23.11 Million Kilograms by 2023. The trend saw periods of both significant growth and decline. Notable growth occurred in 2021 with a year-on-year increase of 40.27%, while 2020 saw a substantial decrease of 13.12%. The recent year 2023 showed a moderate increase of 5.51% compared to 2022. Over the past five years, the Compound Annual Growth Rate (CAGR) was modest at 0.28%.
Looking forward, imports are projected to continue growing, reaching an estimated 26.101 Million Kilograms by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 1.93%, reflecting a steady growth trajectory.
Future trends to watch for include:
- Potential market disruptions or restabilizations, impacting year-on-year variations.
- Technological advancements in industry sectors utilizing fluoropolymers, driving demand.
- Environmental regulations that may affect both supply chains and import volumes.
