Forecast: Import of Sections U of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of More Than 80 mm to Germany

The forecast for the import of sections U of iron or non-alloy steel to Germany from 2024 to 2028 shows a gradual decline in volume. The expected imports in 2024 stand at 104.2 million kilograms, decreasing steadily to 95.619 million kilograms by 2028. Comparing to the previous years, the year-on-year percentage variation indicates a consistent decline, with an average reduction rate over the five-year period. This suggests a shrinking demand or a strategic shift to local production or alternative materials. In 2023, the import value was slightly higher than in 2024, setting the stage for the declining trend.

Future trends to watch for include potential policy changes on imports, shifts in German construction and manufacturing industries' material preferences, and advancements in steel production technology that could influence import rates. Additionally, global economic conditions and trade relations will likely impact these forecasts.