Core Insights - The German chemical industry is expected to face economic recovery only by next year, as hopes for economic and political shifts have faded [1] - The industry has been rated as "unsatisfactory" for three consecutive years, indicating a downward trend [1] - There is an urgent need for Germany and Europe to focus on competitiveness, growth, and innovation [1] Industry Challenges - The crisis sentiment in the chemical industry continues to spread, with a significant decline in domestic sales of chemical products compared to the previous year [1] - Multiple customer industries are continuously reducing production capacity, highlighting the domestic market's struggles [1] - The German chemical sector is facing challenges in overseas markets due to insufficient competitiveness, compounded by rising tariffs [1] Export and Import Trends - In July, the export value of German chemical products decreased by 2% year-on-year, while import value fell by 0.9% [1]
VCI：德国化工业复苏需待明年
Zhong Guo Hua Gong Bao·2025-10-10 02:54