From 2013 to 2023, the Pulp, Paper, and Paperboard turnover in Germany has shown fluctuations with the turnover standing at €17.15 billion in 2023. Although some years saw declines, the overall trend from 2013 to 2023 shows a moderate recovery. The most significant drops occurred in 2018 and 2020. However, the industry began to stabilize, showing a positive year-on-year variation in recent years.
Major variations observed include:
- A sharp drop of 6.98% in 2018 following a high in 2017.
- A considerable decrease of 7.58% in 2020 but a quick recovery with a 10.65% increase in 2021.
- Recent trends show steady minor increases of over 1% in 2022 and 2023.
The industry's Compound Annual Growth Rate (CAGR) from 2018 to 2023 was moderately stable at 0.13%, indicating minor but consistent growth during the latter half of the period.
Future trends to watch for include:
- An expected steady growth with a forecast 5-year CAGR of 0.78% from 2023 to 2028.
- A forecast overall growth rate of 3.95% indicating modest growth stability and recovery in the industry.
