In 2023, Germany's import value of wire of silico-manganese steel stood at a lower level compared to the projected figures for the next few years. From 2024 to 2028, a steady year-on-year growth is observed: a CAGR of approximately 2.18% is expected over these five years. This indicates a moderate, yet consistent increase in import values, reflecting gradual recovery or expansion in industrial demand. Variations in the last two years have stabilized, evidencing sector resilience.

Future trends to watch include:

Global steel price fluctuations which can impact cost and import volumes.
Technological advancements in manufacturing that may affect demand for specialized steel types.
Economic factors within the EU that might influence German industrial output and import needs.