In 2023, the import of unagglomerated iron ore and concentrate to Germany was valued at approximately 1.63 billion USD. The forecast from 2024 to 2028 indicates a gradual decline in import values from 1.5884 billion USD to 1.4315 billion USD. This reflects annual reductions with a compound annual growth rate (CAGR) decrease of about 2.5% over these five years. Year-on-year, Germany is expected to see a consistent decrease in import value, suggesting a possible shift towards increased domestic utilization or efficiency improvements in production.

Future trends to watch for include:

Potential influence of global market volatility on iron ore prices.
The impact of Germany's potential shifts towards alternative materials or sustainable practices.
Changes in global demand and supply dynamics due to economic or geopolitical factors.