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German rubber industry in the throes of crisis as relocations loom

    ​​​​​​​The German rubber industry is facing mounting difficulties as production costs spike while demand slows. The latest member survey by the German Rubber Industry Association (wdk) reveals a concerning trend: industry sales declined by nearly 2% in 2024 while production fell by 3% in 2024 compared to the previous year.

    Highlights

    • One in five companies in rubber industry mulling shifting in 2025