In 2023, Germany's imports of H-sections of a web height of 80 mm or more of non-alloy steel were approximately 420 million kilograms. The forecast from 2024 to 2028 shows a stable, gradual increase in import volume, growing from 420.9 million kilograms in 2024 to 423.52 million kilograms by 2028. This represents an annual growth that is minimal yet steady, with year-on-year increases consistently below 1%. The 5-year compound annual growth rate (CAGR) is predicted to be marginal.
Future trends to watch for:
- Potential impacts of economic fluctuations on construction and infrastructure projects in Germany, which could influence steel demand.
- Changes in trade policies or international relations affecting import patterns and prices.
- Advancements in alternative materials or technologies that might shift industry preferences.
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