Forecast: Import of Bar and Rod of Silico-Manganese Steel Not in Coils to Germany

In 2023, Germany imported bar and rod of silico-manganese steel not in coils valued at approximately 4.33 million USD. The forecast data suggests a gradual decline in imports from 2024 to 2028, with values falling annually. Year-on-year variations from 2024 to 2025 reflect a decrease of about 1.4%, with subsequent yearly reductions slightly incrementing, reflecting anticipated marginal market downturns.

The compound annual growth rate (CAGR) across these five years indicates a modest decline in import values, reflecting potentially weaker demand or shifts towards alternate materials or producers.

Future trends to monitor include:

  • Potential impacts of EU trade policies and tariffs affecting steel imports.
  • Fluctuations in steel demand linked to German industrial activities.
  • Developments in domestic production capabilities which might replace imported volumes.

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