Forecast: Import of Flat Rolled High Speed Steel of a Width Less Than 600 mm to Germany

In 2023, the import value of flat rolled high-speed steel of a width less than 600 mm to Germany was estimated at approximately 11.6 million USD. Forecasts for the years 2024 to 2028 indicate a gradual decline in import value, with figures decreasing from 11.421 to 10.645 million USD. This represents a year-on-year average decline rate of about 1.8% over the five-year period, reflecting a potential shift in Germany's demand or supply chain dynamics.

Future trends to watch for include potential technological advancements in steel production that might influence import needs, fluctuations in global steel prices, and policy changes impacting trade relations between Germany and major steel exporting countries.