The import of base metal cored wire for electric arc-welding to Germany is projected to increase steadily from 2024 to 2028, with expected values rising from 8.25 million kilograms in 2024 to 9.10 million kilograms by 2028. Comparatively, in 2023, the value stood at 8.05 million kilograms. The year-on-year growth shows consistent expansion, increasing by about 2.6% annually, with a compound annual growth rate (CAGR) over five years of approximately 2.9%. This steady upward trend indicates growing demand.
Looking ahead, key factors to watch include technological advancements in welding, shifts in industrial demand patterns, and potential changes in trade policies impacting the base metal markets. These elements could influence future import volumes.
