In 2023, the import volume of silicon-electrical steel flat rolled products of width exceeding 600 mm to Germany was the base for analyzing forecast changes. From 2024 onwards, a steady decline is seen, with the following year-on-year decreases: -1.99% in 2025, -2.02% in 2026, -2.04% in 2027, and -2.06% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 projects an average annual decrease of approximately -2.03% in this import sector.

Future trends to watch for:

Innovation in manufacturing processes that could impact import reliance on materials.
Changes in environmental regulations that might affect demand for silicon-electrical steel products.
Technological advancements in alternative materials or substitutes.