The import forecast for flat rolled silicon-electrical steel with a width of 600 mm or more to Germany shows a decreasing trend from 2024 to 2028. Starting at 50.439 million kilograms in 2024, it diminishes over the years, reaching 41.884 million kilograms by 2028. These figures indicate a decline in import volume, with consistent year-on-year reductions. This pattern is consistent, suggesting a cautious market demand.
Future trends to watch include:
- Global economic shifts or trade policies affecting import regulations and costs.
- Germany's industrial and technological developments that might influence demand for silicon-electrical steel.
- Emergence of alternative materials or technologies that could replace traditional silicon-electrical steel applications.
- Environmental regulations that impact the production and import of steel products.
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