Forecast: Chemical and Fertiliser Minerals Trade Balance Germany

The projected trade balance for Germany's chemical and fertilizer minerals from 2024 to 2028 indicates a consistent deficit trend, with a year-on-year increase in the trade deficit: 2.1% from 2024 to 2025, 2.1% from 2025 to 2026, 2.0% from 2026 to 2027, and 2.0% from 2027 to 2028. Compared to pre-forecast data, 2023 figures registered a lower deficit volume. The five-year compound annual growth rate (CAGR) reveals an incremental trend in trade deficit, averaging around 2.0% annually.

Future trends to watch for include:

• Potential diversification of import sources to manage supply chain risks.
• Impact of technological advancements reducing dependency on imports.
• Market shifts due to emerging environmental and sustainability regulations.
• Consideration of trade policies impacting international trade flows.