Forecast: Import of Washers of Iron or Steel, Except Spring and Lock to Germany

The forecast for the import of washers of iron or steel, except spring and lock, into Germany shows a steady upward trend from 2024 to 2028. In 2023, the imports stood just below the 2024 forecast value of 47.541 million kilograms. Year-on-year variations reflect a positive growth, with imports increasing annually by approximately 3% to 3.5%. This consistent growth over the five-year period suggests a Compound Annual Growth Rate (CAGR) of around 3.3%.

Future trends to watch for include potential changes in global steel prices, which could impact import volumes, and technological advancements that might affect the local production capacities and demand for imports.