The import of hot rolled stainless steel in coils of a width of 600 mm or more and a thickness of 4.75-10 mm to Germany in 2023 stood at 221.7 million kilograms. From 2024 to 2028, forecast data indicate a steady increase in import volume, with a year-on-year growth rate varying between 4-4.7%. The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 3.9%, highlighting a consistent upward momentum in imports.
Future trends to watch for include:
- Potential market dynamics influenced by changes in global trade policy or supply chain disruptions.
- The impact of technological advancements on production efficiency and material quality, affecting import demand.
- German industrial growth and demand shifts towards sustainable and high-performance materials.