In 2023, the manufacture of basic precious and other non-ferrous metals sector in Germany consisted of 684 enterprises. From 2024 to 2028, the forecasted number shows a consistent decline, from 678 to 652 enterprises. The year-on-year decrease ranges approximately between 0.9% to 1%, indicating a gradual decline in the industry's size. Over the five-year period, the compound annual growth rate (CAGR) is negative, suggesting a steady downward trend in the sector.
Future trends to watch for include:
- Potential consolidation in the industry as smaller enterprises may merge or exit.
- Technological advancements that could impact the scale and operations of remaining enterprises.
- Market demand shifts due to economic or regulatory changes in precious and non-ferrous metals.
- Environmental regulations influencing operational costs and competitive dynamics.