In 2023, the import value of nickel bars, rods, profiles, and wire to Germany stood at $421.5 million. The forecast for 2024 through 2028 shows a consistent upward trend, with annual values ranging from $433.22 million in 2024 to $479.9 million in 2028. Year-on-year growth figures indicate stability in the import market, with moderate increases each year.
The compound annual growth rate (CAGR) from 2024 to 2028 is projected to be steady, reflecting ongoing demand and stable supply factors.
Future trends to watch for include potential impacts from changes in global nickel supply, shifts in Germany’s industrial output, and renewable energy initiatives driving demand for nickel-based products.
