Forecast: Production in Support Activities for Transportation Sector in Germany

Production in the Support Activities for Transportation Sector in Germany has experienced fluctuations over the past decade, with a notable decline in 2020 followed by a recovery phase. As of 2023, the production stands at 72.67 Billion Euros. In terms of year-on-year variation, from 2022 to 2023, there was a growth of 1.32%. Over the past five years, the compound annual growth rate (CAGR) was 0.65%, indicating moderate growth.

The forecasted data suggests a steady upward trend, with production expected to reach 77.26 Billion Euros by 2028. The five-year CAGR from 2023 to 2028 is projected at 0.97%, reflecting a consistent but slow growth trajectory.

Future trends to watch for include:

  • Technological advancements in transportation support services.
  • The impact of sustainability and regulatory measures on production efficiency.
  • Potential economic fluctuations and their effects on the sector's growth.

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