In 2023, Germany imported approximately 3.9 million kilograms of nickel plates, sheets, strips, and foil. Forecasts anticipate a gradual increase from 2024 to 2028, with volumes rising from 4.0593 million to 4.672 million kilograms. This signifies a steady growth averaging approximately 3% annually, reflecting a compound annual growth rate (CAGR) over the five-year period. The year-on-year percentage variations maintain an upward trend, signifying Germany's strengthening demand for nickel products.
Future trends to watch for include the potential impact of global economic conditions on import volumes and sustainable sourcing initiatives, which may influence market dynamics and regulatory compliance in the metals industry.
