The import of synthetic organic products used as luminophores to Germany is projected to continuously decline from 2024 to 2028. In 2023, the import value stood at approximately $10 million. The forecasted values show a consistent year-on-year decrease with an average annual decline of approximately 2%. By 2028, the value is projected to reach $8.8851 million, indicating an overall downward trend with a compounded annual growth rate (CAGR) of about -2.6%.
Future trends to watch for:
- Technological advancements might drive substitution, affecting import needs.
- Shifts in global supply chains and trade agreements could further impact import volumes.
- Sustainability trends could foster development in more eco-friendly luminophore alternatives.