The sold production of refractory ceramic constructional goods in Germany stood at 309.63 million kilograms in 2023. From 2013 to 2023, the industry underwent fluctuations with the lowest value observed in 2020 at 209.2 million kilograms due to significant declines. However, there was a recovery phase in the following years, such as a 22.25% increase from 2020 to 2021. Recently, the industry witnessed a modest year-on-year growth of 3.86% in 2023. Despite this, the 5-year CAGR until 2023 was negative at -3.68%, indicating a downward trend.
Future forecasts suggest a gradual decrease in production volume with predictions for 2028 showing a value of 258.56 million kilograms. The forecasted 5-year CAGR is expected to be -2.88%, signaling a continued decline with an overall reduction of 13.59% from 2023 levels.
Trends to watch for in the future include:
- Technological advancements and their impact on production efficiency and cost.
- The influence of environmental regulations on production processes and output.
- Changes in demand from key industries such as steel and construction sectors.
- Global economic conditions affecting exports and international trade.
- Developments in alternative materials and their adoption rates within the industry.
