German Chemicals Lobby Lifts 2026 Sales Forecast

The German chemicals lobby VCI raised its 2026 sales growth forecast to 3.5 percent on higher prices. However, it warned that a sustainable industrial recovery remains elusive amid structural challenges.

FILE PHOTO: An inland tanker cruises along the Rhine River past Chempark Leverkusen chemical park, where German pharmaceutical and chemical maker Bayer AG has its headquarters and main plant, in Leverkusen, Germany, August 4, 2026. REUTERS/Thilo Schmuelgen/File Photo

Germany's chemical lobby raised its 2026 industry sales forecast to 3.5% growth on Thursday afternoon, driven entirely by higher producer prices rather than production volumes. The upward revision follows an earlier forecast of 2.5% issued in September by the chemical industry association VCI. VCI warned that a sustainable recovery remains elusive as structural challenges continue to weigh on domestic operations.