The forecast for Germany's slate trade balance from 2024 to 2028 shows a progressive decline in volume, starting from 11.63 thousand metric tons in 2024 to 7.46 thousand metric tons by 2028. This indicates a year-on-year decreasing trend, with an average annual decline based on a compound annual growth rate over these years. As of 2023, the trend was expected to keep this downtrend in check, potentially due to reduced demand or increased competition.
Future trends to watch for include:
- Evolving environmental regulations affecting slate mining and trade.
- Technological advancements that could impact production and processing efficiency.
- Shifts in construction demands driving changes in slate usage.
- Global economic fluctuations influencing trade policies and market access.
