By the end of 2023, the import of circular saw blades with working parts of steel to Germany stood at 2.14 million kilograms. Forecasts indicate a gradual growth in imports, with a projected increase to 2.2642 million kilograms by 2028. Year-on-year growth rate is nearly stable, ranging around 1.1% from 2023 to 2024 and consistently increasing to 1.03% in subsequent years. Overall, imports are expected to grow at a compound annual growth rate (CAGR) of approximately 1.1% over the five-year period.
Future trends to watch for include potential impacts from evolving EU trade policies, technological advancements in manufacturing, and shifts in global supply chains which might affect steel availability and import tariffs, shaping the demand landscape in Germany. Monitoring these factors will be crucial for understanding future import trajectories.
