In 2023, the import of rubber or plastic vacuum moulders and thermoformers to Germany stood at a slightly higher value than the forecast for 2024, indicating a declining trend over the next five years. The projected figures from 2024 to 2028 suggest a steady decrease with the value dropping from 10.191 million US dollars in 2024 to 9.9465 million US dollars in 2028. The year-on-year percentage variation highlights a consistent decline, with an average annual decrease calculated through the Compound Annual Growth Rate (CAGR) over these years.
Future trends to watch for:
- Potential impact of technological advancements improving machine efficiency, potentially reducing import quantities.
- Changes in environmental regulations potentially influencing demand for eco-friendly alternatives.
- Evolving competitive market dynamics within the EU affecting import reliance.