The import of boards of vegetable fibre with mineral binder or cement to Germany was valued at 39 million US Dollars in 2023. Forecasts indicate a steady growth, with values expected to reach approximately 46.359 million US Dollars by 2028. The year-on-year growth rates demonstrate moderate increases: 3.63% for 2024, 3.61% for 2025, 3.42% for 2026, 3.24% for 2027, and 3.08% for 2028. These consistent growth patterns reflect a Compound Annual Growth Rate (CAGR) of approximately 3.40% from 2023 to 2028.
Future trends to watch for include:
- Shifts in construction industry demands, influencing import volumes.
- Technological advancements enhancing product appeal, potentially boosting growth.
- Environmental policies impacting supply chain dynamics and pricing.