The forecast for the import of steel line pipes longitudinally submerged arc welded for oil or gas pipelines to Germany from 2024 to 2028 shows a declining trend from $14.258 million in 2024 to $12.657 million in 2028. This indicates a consistent year-on-year decrease. Assuming the import value in 2023 was similar to 2024, this shows a diminishing demand or increased competition from local or other international sources.
Future trends to watch include:
- Fluctuations in global steel prices and their impact on import volumes.
- Impacts of political and economic factors such as trade policies or sanctions.
- Technological advances in pipeline infrastructure which may influence material requirements.
- Shifts in energy policy towards renewable sources which might reduce demand for oil and gas pipelines.