Forecast: Sold Production of Angles, Shapes and Sections of Iron or Non-Alloy Steel Not Cold-Formed or Cold-Finished and Further Worked in Germany

In 2023, the sold production of angles, shapes, and sections of iron or non-alloy steel not cold-formed or cold-finished in Germany was recorded at 91.375 million euros. From 2024 to 2028, a consistent decline in production value is forecasted, starting at 87.741 million euros in 2024 and expected to drop to 66.272 million euros by 2028.

Year-on-year percentage changes indicate a decreasing trend: approximately -6.21% in 2025, -6.55% in 2026, -6.93% in 2027, and -7.41% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 reflects an average annual decrease of 6.75%.

Future trends to watch for:

• Impact of technological advancements and automation on production efficiency.
• The influence of European Union environmental regulations and energy policies on raw material and production processes.
• Potential shifts in global trade dynamics affecting export opportunities.
• The economic recovery speed from recent global disruptions that may alter demand dynamics.