Forecast: Import of Motor Vehicles for Transport of Persons to Germany

The import of motor vehicles for the transport of persons to Germany is forecasted to grow steadily from 2024 to 2028, starting at 72.052 billion US dollars in 2024 and reaching 79.449 billion US dollars by 2028. This indicates a consistent year-on-year growth between 2.6% to 2.9% over the forecast period. In 2023, imports stood at a slightly lower base, reflecting an upward trajectory as market conditions improve.

Future trends to watch for include:

  • Impact of evolving environmental regulations and incentives on import patterns.
  • Technological advancements in electric and autonomous vehicles disrupting traditional models.
  • Shifts in consumer preferences towards shared mobility and sustainable transport solutions.
  • Potential economic fluctuations affecting disposable income and vehicle demand.

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