The import of unagglomerated iron ore and concentrate to Germany in 2023 was 24.720 billion kilograms. Forecasts suggest a gradual decrease over the next five years, with a 0.65% decrease in 2024 and a further slight decline each subsequent year. By 2028, imports are predicted to reach 23.937 billion kilograms, translating to a compound annual growth rate (CAGR) of -0.63% from 2024 to 2028. The modest decline indicates a consistent yet gradual decrease in import volume.

Future trends to watch for:

Changes in Germany's industrial demand for iron ore, particularly in sectors like automotive and machinery.
Potential shifts towards alternative materials or recycling, impacting iron ore demand.
Global market conditions and trade policies that could influence import dynamics.