The import forecast for casings, tubing, and drill pipes to Germany shows a downward trend from 2024 to 2028, with values decreasing from 6.2642 million kilograms in 2024 to 3.771 million kilograms in 2028. In 2023, the import level stood at approximately 7 million kilograms. This illustrates a consistent decline over the forecast period. Year-on-year variation from 2024 onwards reflects a gradual reduction, and the compound annual growth rate over these five years suggests a negative trajectory for imports.
Future trends to watch for include advancements in domestic production capabilities, changes in global oil market dynamics, and potential shifts in Germany's energy policy toward renewable energy sources, which could further influence import levels.
