Forecast: Import of Parts of Articulated Link Chain of Iron or Steel to Germany

In 2023, Germany's import of parts of articulated link chain of iron or steel was at 5.5977 million kilograms. Forecasts indicate a steady rise through 2028, beginning with 5.7646 million kilograms in 2024 and reaching 6.3786 million kilograms by 2028.

  • 2024 Forecast: 2.98% increase from 2023.
  • 2025 Forecast: 2.75% increase from 2024.
  • 2026 Forecast: 2.61% increase from 2025.
  • 2027 Forecast: 2.50% increase from 2026.
  • 2028 Forecast: 2.39% increase from 2027.

The compound annual growth rate (CAGR) over the forecast period is 2.66%, indicating a consistent, albeit modest, growth trend.

Future trends to watch include technological advancements in automotive and industrial machinery, which could spur demand for higher efficiency chain parts. Global steel price fluctuations and sustainability regulations might also impact import volumes and supply chains.

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