In 2023, Germany imported railway tank cars valuing approximately 145 million USD. The forecast from 2024 indicates a gradual and steady increase in imports reaching 173.06 million USD by 2028. Year-on-year, the projections estimate percentage growth as follows: 3.78% in 2024, 3.78% in 2025, 3.57% in 2026, 3.38% in 2027, and 3.20% in 2028. The compound annual growth rate (CAGR) over these five years averages at 3.54%.
Future trends to watch for include:
- Technological advancements in railway tank cars that may influence import needs and capacity.
- Potential policy changes in Germany impacting railway logistics and infrastructure investments.
- Economic fluctuations that could affect both the demand for and the supply of railway tank cars.