As of 2023, the sold production of tubes, pipes, and hollow profiles of cast-iron in Germany stood at 126.72 million Euros. The forecasted data for 2024 indicates a decrease to 117.41 million Euros, representing a decline of approximately 7.3% year-on-year. By 2025, the value is projected to drop further by 7.5% to 108.59 million Euros. The declining trend continues, with 2026 forecasted at 99.868 million Euros (8.0% decrease), 2027 at 91.23 million Euros (8.6% decrease), and 2028 at 82.679 million Euros (9.4% decrease). Over the five-year period from 2024 to 2028, this implies a compound annual growth rate (CAGR) of approximately -7.8%.
Future trends to watch for include potential changes in regulatory policies affecting the production and usage of cast-iron materials, technological advancements that may enhance production efficiency, and market dynamics driven by construction and infrastructure developments. The increasing focus on sustainability and alternative materials may also significantly influence future demand and production outcomes.
