Forecast: Import of Cold Rolled Iron or Non-Alloy Steel in Coils, of a Width of 600 mm or More, Thickness of 0.5-1 mm and Minimum Yield Point Not Exceeding 275 Mpa to Germany

In 2023, the import value of cold rolled iron or non-alloy steel in coils to Germany stood at an estimated level before moving into forecasted figures. From 2024 to 2028, a steady incremental growth pattern is projected for these imports, starting at $335.15 million in 2024 and reaching $349.47 million by 2028.

The year-on-year growth shows a gradual increase of approximately 1-1.1% annually throughout the forecast period, reflecting a moderate growth trajectory. Over this five-year period, the compound annual growth rate (CAGR) is around 1.05%, indicating consistent, albeit modest, growth in import values.

Future trends to watch for include potential shifts in global supply chain dynamics, changes in tariff structures or trade agreements impacting Germany, and innovations in steel production that could influence import patterns. Additionally, Germany's industrial demand for steel, tied with economic performance and sectoral growth, will be crucial factors affecting future import levels.