In 2023, Germany imported shovels and excavators with a revolving superstructure valued slightly lower than the 2024 forecast of 21.16 thousand units. The subsequent years show a steady growth in imports, with 2025 reaching 21.51 thousand and 2026 at 21.85 thousand. This upward trend continues into 2027 and 2028, with values of 22.19 and 22.51 thousand, respectively. The compound annual growth rate (CAGR) over these five years is relatively modest.
Future trends to watch include:
- Technological advancements in construction machinery may influence demand.
- Policy changes in environmental regulations could impact import patterns.
- Economic conditions in Germany and Europe could affect investment in infrastructure development.
