The forecast for Germany's imports of finishing agents and dye carriers in the leather industry indicates a gradual decline in volume from 2024 through 2028. In 2023, actual imports stood at 2.6847 million kilograms, marking continued contraction in the coming years.
Year-on-year, the imports are expected to decrease slightly, starting with a -0.81% drop in 2024 and averaging a decline of around -0.78% annually through 2028.
- The 5-year CAGR (Compound Annual Growth Rate) from 2024 to 2028 denotes a steady reduction of approximately -0.79% per year.
Future trends to watch for include potential shifts in global trade dynamics, such as supply chain adjustments and trade policy changes, which may influence import volumes. Additionally, technological advancements in leather processing could affect the demand for these agents and carriers.
