The import of tubes and pipes of non-circular cross-section, seamless and hollow profiles, seamless of steel to Germany is projected to experience minimal growth from 2024 to 2028. The forecast shows a slight year-on-year increase in volume, with values expected to move from 2.9168 million kilograms in 2024 to 2.927 million kilograms by 2028. This indicates a slow but steady growth trend.
In 2023, the actual import volume stood at 2.914 million kilograms. Comparing with preceding years, the year-on-year variation reflects incremental gains each year. Over a longer period, the compounded annual growth rate maintains consistency, signifying stability in import trends.
Future trends to watch for:
- Monitor global steel market fluctuations and their impact on Germany’s import needs.
- Keep an eye on technological advancements in manufacturing that could affect demand.
- Assess the impact of trade policies and geopolitical developments on import patterns.
