The import forecast for hot-rolled iron or non-alloy steel coils into Germany shows a steady increase from 2024 to 2028, with values rising from 26.458 million USD in 2024 to 27.804 million USD in 2028. When considering year-on-year percentage changes, the imports are expected to grow by around 1.6% annually. The compound annual growth rate (CAGR) over these five years is approximately 1.55%, indicating stable but modest growth in import activity.
Future trends to watch for include:
- Potential changes in global steel supply chains that might influence import volumes to the EU.
- Market demands from European automotive or construction sectors that could affect import necessities.
- Trade policies and geopolitical shifts that might impact international steel markets, especially Germany’s trade agreements.
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