In 2023, Germany imported approximately 50.3 million kilograms of flat rolled iron or non-alloy steel painted, varnished, or coated with plastics of a width of less than 600 mm. The forecast indicates a steady increase in imports with annual increments of around 0.1 million kilograms each year until 2028. However, this represents a compounded annual growth rate (CAGR) of approximately 0.15% from 2024 to 2028, suggesting minimal growth over this period.
Future trends to watch for:
- Potential impact of Germany's green policies on steel imports.
- Advancements in material technology reducing import demand.
- Shifts in global trade policies affecting steel import dynamics.
