Forecast: Import of Ingots, Other Primary Forms and Long Semi-Finished Products of Non-Alloy Steel to Germany

In 2023, Germany's imports of non-alloy steel ingots and long semi-finished products were positioned at X million kilograms. Forecasts indicate a consistent decline from 2024 to 2028, starting at 273.81 million kilograms in 2024, then diminishing annually to reach 163.51 million kilograms by 2028. This trend reflects a negative Compound Annual Growth Rate (CAGR) over the five-year period.

Year-on-year variations reflect a steady decrease in imports:

• The import volume decreases by approximately 10.23% from 2024 to 2025.
• A sharper decline of around 11.28% is observed from 2025 to 2026.
• From 2026 to 2027, there's a decrease of 12.58%.
• Finally, a more significant reduction of about 14.26% is expected from 2027 to 2028.

Future trends to watch for include changes in local steel production capabilities, shifts in global market dynamics affecting steel supply chains, and potential policy changes within the EU regarding steel imports. These factors could potentially alter the current downward trend in steel imports.