The import of millstones and grindstones of natural stone to Germany has experienced variable trends over the past years. From 2013 to 2015, there was a substantial increase, peaking with an annual growth of 77.58% in 2015. However, fluctuations followed, reflecting decreases in 2017 and 2018, but stabilizing with slight increases in 2019 and 2022. In 2023, the imports were valued at 1583.5 thousand US dollars, with a modest year-on-year growth of 1.98%. Over the last five years, the compound annual growth rate (CAGR) was calculated at 3.94%.
Future projections indicate consistent, albeit slower, growth. By 2028, the forecast suggests a 7.86% increase compared to 2023, with a five-year CAGR of 1.52%. This points towards a steady yet moderate upward trend in future imports.
Trends to watch for:
- Economic factors affecting market demand and supply
- Technological advancements in millstone production
- Changes in trade policies and tariffs
