In 2023, Germany's import volume of wood screws of iron or steel, except coach screws, was at a certain base level (specified in previous reports). Forecasts for 2024 to 2028 show a steady increase in import volumes from 44.276 million kilograms in 2024 to 47.264 million kilograms in 2028. The year-on-year growth rates for 2025 and 2026 are approximately 1.7% and 1.7%, respectively. Over a five-year span from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 1.6%, indicating a consistent upward demand in Germany for these products.
Future trends to watch for:
- Adoption of advanced manufacturing techniques may affect demand for traditional wood screws.
- Economic factors and trade policies could influence import dynamics and pricing.
- Developments in construction and furniture sectors will likely drive import trends.