In 2023, Germany imported a substantial volume of magnesium hydroxide and peroxide. This trend is expected to continue, with the forecasted volume growing from 20.55 million kilograms in 2024 to 23.026 million kilograms by 2028. The year-on-year growth rates are approximately 3.1% for 2025, 2.95% for 2026, 2.80% for 2027, and 2.68% for 2028, indicating a gradually slowing growth rate over these years. The estimated CAGR for this period is around 2.86%, reflecting steady import growth.
Future trends to monitor:
- Potential shifts in industrial demand and their impact on magnesium compound imports.
- Global trade policies affecting raw material availability and pricing.
- Technological innovations in industries utilizing magnesium hydroxide and peroxide.
