In 2023, the production of hot- or cold-formed and welded steel tubes and pipes, of circular cross-section with an external diameter less than 406.4 mm in Germany, reached an actual volume of approximately 149.4 million kilograms. The forecast data from 2024 to 2028 indicates a gradual decline in sold production volume, with a projected 148.6 million kilograms in 2024, decreasing annually to 145.48 million kilograms by 2028. The year-on-year variation highlights a steady decline of around 0.53% each year, while the five-year CAGR suggests an average annual decrease of 0.67%.

Future trends to watch for:

Potential technological advancements in manufacturing processes may affect production efficiency and outputs.
Fluctuations in raw material prices and supply chain dynamics could influence production costs and market competition.
Regulatory changes within the EU regarding environmental standards and emissions may impact production practices and demand.