The forecast for iron imports to Germany from 2024 to 2028 shows a consistent and gradual increase. In 2023, the import value stood at 77.92 million metric tons, which aligns with the forecast for 2024, indicating a stable start. Year-on-year, there is a small incremental rise, with a variation percentage showing moderate growth over the years. The annual increase reaches approximately 0.27 million metric tons by 2028, marking a steady upward trajectory.

Future trends to watch for:

Potential impact of global political and economic shifts on iron trade agreements and tariffs.
Technological advancements in mining and recycling that could influence import levels and internal demand.
Germany’s industrial demand fluctuations, particularly in the automotive and construction sectors.
The push towards sustainable practices, which may alter import patterns.