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Germany

Germany's Chemical Industry Faces Mixed Outlook for 2024-2025

Germany's Chemical Industry Association (VCI) reveals a mixed forecast for 2024 and 2025. While production may rise slightly and pharmaceuticals are expected to see minimal growth, sales and prices are anticipated to decline. COVID-19's effects linge

By: Devdiscourse
  • Dec 13 2024
  • 2
  • 2943 Views
Germany's Chemical Industry Faces Mixed Outlook for 2024-2025
Germany's Chemical Industry Fa
The German Chemical Industry Association, VCI, reveals a nuanced outlook for 2024. Production in the industry is set to increase by 2% year-on-year, or 4% excluding pharmaceuticals. However, the total sales figures are anticipated to drop by 2% to EU... [643 chars]

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