The import of iron or steel products like non-mechanical ventilators, guttering, and hooks to Germany is projected to grow steadily from 2024 to 2028. Starting at 26.794 million kilograms in 2024, imports are expected to increase each year, peaking at 28.984 million kilograms by 2028. This indicates an approximate yearly increase of around 2% to 2.5%. The compound annual growth rate (CAGR) over this period highlights a stable yet modest upward trend in volume. Compared to 2023, where specific values are not given, this growth trajectory suggests improving demand in the building industry.
Future trends to watch for include:
- Potential shifts in construction regulations impacting material demand.
- Technological advancements in material efficiency reducing import volumes.
- Global supply chain adjustments influencing import stability and pricing.
