Forecast: Value Added of Non-Ferrous Metals in Germany

In 2023, the value added of non-ferrous metals in Germany stood at an actual 8.50 billion euros. The forecasted data from 2024 to 2028 show a consistent upward trend, with values increasing each year, suggesting a healthy growth trajectory. The year-on-year growth rates indicate a stable annual increase: 1.05% in 2025, 1.15% in 2026, 1.14% in 2027, and 1.02% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be approximately 1.17%.

Future trends to watch for in this sector include:

  • Technological advancements in production efficiency.
  • Shifts in global demand for non-ferrous metals due to changes in industries such as automotive and electronics.
  • Environmental and regulatory impacts that could affect production processes or costs.

Top Countries about Non-Ferrous Metal