Forecast: Import of Refractory Ceramic Constructional Goods to Germany

Since 2013, the volume of refractory ceramic constructional goods imported to Germany has shown significant fluctuations. A notable decrease occurred from 2013 to 2015, followed by a recovery until 2018. The trend then reversed with a sharp decline through 2020, where the volume hit a low point. Although there was a brief improvement in 2021, the downturn continued through 2023, where the volume stood at 38.366 million kilograms. The year-on-year changes over the last two years were -4.99% for 2022 and -4.37% for 2023, reflecting a persistent downward trend. The forecast indicates a steep decline with a forecast 5-year CAGR of -11.3%, projecting a reduction to 18.886 million kilograms by 2028, marking a total decrease of 45.09% over this period.

Future trends to watch for include the impact of technological advancements on ceramic production efficiencies, changes in global trade policies, and shifts in domestic demand for these constructional goods. Additionally, monitoring the economic health of key industries in Germany, such as construction and manufacturing, will provide insights into the potential recovery or further decline of imports in this category.

Top Countries about Ceramic