In 2023, Germany imported alloy steel flat-rolled products of width less than 600 mm valued at approximately 412 million USD. Forecasts suggest steady growth in imports for the coming years, with an expected increase to 423.6 million USD in 2024, and further rising yearly to reach 466.55 million USD by 2028.
Year-on-year growth averaged around 2.6% from 2024 to 2028, with a compound annual growth rate (CAGR) of approximately 2.55% over the forecast period.
Future trends to watch for include:
- Potential changes in trade policies influencing import volumes.
- Technological advancements in the steel industry that could affect the supply chain.
- Shifts in market demand due to economic or environmental factors impacting industrial requirements in Germany.
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