The Basic Chemicals Sector in Germany saw fluctuations between 2013 and 2023. Values in Billion Euros evolved from 59.66 in 2013 to 69.78 in 2023. Significant shifts include a drop to 50.08 in 2016, then a notable increase to 68.93 in 2017. Recent years displayed steadier growth, with values rising 3.51% year-on-year to 69.78 in 2023. The sector's 5-year CAGR stood at 2.49% up to 2023. Forecasts anticipate growth, with values reaching 81.28 Billion Euros by 2028 and a projected 5-year CAGR of 2.42%. Overall, the sector exhibited resilience and steady upward trends.

Future trends to watch for: