Forecast: Number of Enterprises in Manufacture of Basic Precious and Other Non-Ferrous Metals Sector in Germany

The number of enterprises in Germany's manufacture of basic precious and other non-ferrous metals sector is forecasted to decline from 2024 through 2028, starting at 678 enterprises in 2024 and decreasing to 652 by 2028. This represents a year-on-year decline, highlighting a steady reduction over the five-year forecast. The data indicates that this industry will face a compound annual growth rate (CAGR) of approximately -1% from 2024 to 2028.

Future trends to watch for:

  • Rising environmental regulations and sustainability initiatives may continue to impact company numbers.
  • Technological advancements and digitalization could streamline operations, potentially reducing the need for numerous enterprises.
  • Global economic conditions and trade policies could further influence the consolidation or expansion of enterprises within the sector.

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