Between 2013 and 2023, the exports of non-metallic minerals in Germany exhibited some fluctuations. The most significant decline occurred in 2020 with a drop of 16.19%, influenced by global disruptions. A substantial recovery was observed in 2021 with a 20.69% increase. The period ended with a relatively stable trend in 2022 and 2023, with minor year-on-year increases of 0.17% and 0.16% respectively. By 2023, export volumes stood at 74.21 million metric tons.
Over the last two years leading up to 2024, the trend saw marginal improvement, indicating stabilization. The compound annual growth rate (CAGR) over the last five years (2019-2023) was close to -0.14%, showing an overall near-equilibrium state.
Forecasts from 2024 to 2028 suggest a stable in exports with minimal annual increases, culminating in a forecasted CAGR of 0.13% over the next five years. The future export volumes are projected to reach approximately 74.83 million metric tons by 2028.
Future trends to watch for:
- Global demand and economic conditions, especially related to construction and infrastructure projects.
- Technological advancements and innovations in non-metallic minerals.
- Environmental and regulatory changes affecting the mining and export of these minerals.
- Potential trade agreements or restrictions that may impact export volumes.