The forecast for sold production of steel tubes, pipes, hollow profiles, and related fittings in Germany shows a steady upward trend from 2024 to 2028, starting at €5.451 billion in 2024 and reaching €5.5198 billion by 2028. This reflects moderate year-on-year growth with increases around 0.3% annually. In 2023, the market stood at €5.434 billion, indicating a gradual increase into the future.
Looking ahead, key trends to watch include:
- Technological advancements in manufacturing processes that may improve efficiency.
- Fluctuations in demand from major industries like automotive and construction.
- Potential impacts from global trade policies and economic conditions.
- Innovation in sustainable production practices and materials.
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