The output of non-metallic mineral products in Germany has shown a general upward trend from 2013 to 2023, starting at €44.26 billion in 2013 and reaching €53.98 billion in 2023. The annual output grew by 1.82% from 2022 to 2023, indicating a steady increase. The compound annual growth rate (CAGR) over the past five years (2019-2023) stands at approximately 1.31%. However, fluctuations occurred throughout the period, such as a decline in 2015 and 2020.
Future projections suggest continued growth, forecasting an output of €58.65 billion by 2028, with a forecasted 5-year CAGR of 1.32% and an overall growth rate of 6.78% from 2024 to 2028. This implies that the industry will likely maintain a moderate yet consistent growth trajectory.
Key future trends to watch for include technological advancements in manufacturing processes, shifts in regulatory frameworks, and the impact of sustainability initiatives. Additionally, economic variables within the EU and global market dynamics will play a significant role in shaping the sector's growth.
