In 2023, Germany imported a significant quantity of flat-rolled products of iron or non-alloy steel at over 600 mm width and less than 4.75 mm thickness. The forecast for 2024 to 2028 shows a consistent upward trend in the volume of imports. From 2024 to 2025, the imports increase by approximately 2.0%, while 2025 to 2026 sees a rise of around 2.0% as well. The trend continues similarly through 2028, denoting a Compound Annual Growth Rate (CAGR) over 2% from 2024 to 2028.
Future trends to monitor include the demand for steel in Germany's automotive and construction sectors, changes in tariff and trade policies affecting steel imports, and the potential impact of global economic fluctuations on industrial production and infrastructure development.
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