Forecast: Import of Flat-Rolled Products of Tool Steel or Alloy Steel Other than Stainless Steel of a Width More than 600 mm Not Further Worked than Hot-Rolled Not in Coils to Germany

The import volume of flat-rolled products of tool steel or alloy steel other than stainless steel to Germany, with a width more than 600 mm not further worked than hot-rolled not in coils, is projected to grow consistently from 2024 to 2028. Starting at 238.86 million kilograms in 2024, it is expected to rise to 245.05 million kilograms by 2028. Assuming the imports were stable or slightly incremental in 2023, the data indicates a year-on-year growth of approximately 0.65%. The compound annual growth rate (CAGR) over the five-year period remains modest, suggesting a steady market demand.

Future trends to watch for include:

• Potential shifts in global steel supply chains that could affect import volumes.
• Changes in Germany's domestic production capacities for these products and their impact on import reliance.
• Policy changes within the EU or Germany that might influence steel import regulations or duties.