In 2023, the import value of iron or steel containers of 50-300L capacity to Germany stood at a lower baseline compared to the forecasted values. The projections show a steady annual increase: 1.94% in 2024, 1.93% in 2025, 1.87% in 2026, 1.79% in 2027, and 1.73% in 2028. This reflects a compound annual growth rate (CAGR) of around 1.85% over the span from 2023 to 2028, indicating a consistent upward trend in imports.
Future trends to watch for:
- Global steel prices, which influence production and material costs, impacting import levels.
- Germany's industrial and consumer demand, as both sectors utilize these container types.
- Potential trade policy changes within the EU affecting import dynamics and costs.
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