The import of natural graphite in powder or flakes to Germany is projected to grow steadily from 2024 to 2028. The forecasted values indicate a consistent annual increase, implying a strong demand for this natural resource. Between 2024 and 2028, the imports are expected to rise from 61.156 million USD to 67.249 million USD. This represents a year-on-year growth rate of approximately 2.5% to 2.8%. Given that the import value in 2023 was recorded at a level comparable to the start of the forecast at 61.156 million USD, a persistent growth pattern is anticipated through the projected period.
Future trends to watch for include:
- Increasing application of graphite in electric vehicles and renewable energy industries, potentially driving higher import rates.
- Volatility in global supply chains, which might impact import patterns and prices.
- Technological innovations in graphite processing that could alter demand.