The import of granules and powders of pig iron, spiegeleisen, iron, or steel to Germany is forecasted to increase steadily from 2024 to 2028, starting at 172.97 million kg in 2024 and reaching 183.82 million kg in 2028. Compared to 2023, the import level in 2024 shows an increase, suggesting a consistent rising trend in demand. The year-on-year growth from 2024 to 2028 ranges from around 1.6% to 1.8%. This reflects a steady annual compound average growth rate (CAGR) over the forecasted five-year period.
Future Trends to Watch For:
- Potential shifts in global steel production and consumption may impact import needs.
- Technological advancements in manufacturing could affect raw material specifications.
- Trade policies and tariffs influencing international supply chains could affect import volumes.