Forecast: Import of Iron or Steel Reels for Cables, Piping and the Like to Germany

The import volume of iron or steel reels destined for cables and piping to Germany is projected to increase steadily from 2024 to 2028. In 2024, the import volume is expected to reach 4.4695 million kilograms, gradually rising to 4.8245 million kilograms by 2028. This forecast suggests a consistent growth trajectory, reflecting an average annual increase (CAGR) in imports of approximately 1.94% over this five-year period.

Future trends indicate several factors that could influence this growth:

  • Technological advancements in cable and piping manufacturing, potentially increasing demand.
  • Regulatory changes impacting import taxes or material standards.
  • Fluctuations in global steel prices affecting overall import volumes.

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