The forecast for the sold production of tubes and pipes with circular cross-sections, hot- or cold-formed and welded, of steel other than stainless steel in Germany exhibits a downward trend from 2024 through 2028. Starting at 160.6 million euros in 2024, it declines to 145.61 million euros by 2028. This represents a consistent year-on-year decrease, averaging an approximate compound annual growth rate (CAGR) of -2.5% over the five-year period.
In 2023, the sold production stood higher, emphasizing the declining trajectory forecasted ahead. The steel industry should closely monitor factors such as global steel supply fluctuations, innovations in alternative materials, and shifts in construction demand, all of which could impact future demand and pricing strategies.
