In 2023, the import volume of towers and lattice masts of iron or steel to Germany was recorded as 198.81 million kilograms. The forecast data from 2024 to 2028 shows a steady upward trend in imports, with a projected increase from 205.43 million kilograms in 2024 to 236.18 million kilograms by 2028.
Noteworthy year-on-year growth rates include:
- 2024: Increased by 3.33%
- 2025: Increased by 3.86%
- 2026: Increased by 3.64%
- 2027: Increased by 3.44%
- 2028: Increased by 3.26%
The five-year compound annual growth rate (CAGR) is projected to be 3.51%, indicating consistent growth in the import of these materials.
Future trends to consider include technological advancements in construction, potential shifts in government policies affecting infrastructure projects, and the impact of global steel prices. Monitoring these factors will provide valuable insight into potential fluctuations in future import volumes.
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