In 2023, Germany's import volume of hot-finished, seamless steel tubes and pipes, excluding stainless steel, was 245 million kilograms. The forecast for 2024 is approximately 240.85 million kilograms, indicating a slight decline. From 2025 to 2028, the data shows a continuous downward trend with volumes decreasing each year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests an average annual decrease.
Future trends to watch for include:
- Changes in industrial demand and infrastructure projects in Germany, potentially impacting import volumes.
- Global economic conditions, influencing steel market prices and trade policies.
- Advancements in production technology, which could alter the demand dynamics for imported steel pipes and tubes.