Forecast: Import of Pins of Iron or Steel, Except Safety Pins to Germany

The forecast for the import of pins of iron or steel, excluding safety pins, to Germany from 2024 to 2028 shows a steady upward trend. In 2023, the import value was not specified, but from 2024 onwards, we observe a year-on-year increase averaging around 1.5% annually. Over the five-year forecast period, the Compound Annual Growth Rate (CAGR) is anticipated to be approximately 1.5%, reflecting a consistent and gradual growth in imports.

Future trends to watch for include:

• Potential shifts in global steel prices affecting import costs.
• Changes in domestic demand driven by manufacturing and construction sectors.
• Impacts of trade agreements or tariffs on import levels.