The import of non-alloy steel forged and hot-rolled bars to Germany has observed a linear downward trend from 2024 to 2028, with an annual decrease ranging between approximately 1.1% and 1.2% year-on-year. In 2023, imports were recorded at around 915 million kilograms. The compound annual growth rate (CAGR) from 2024 to 2028 illustrates a consistent decline, indicating an average annual reduction in imports.

Future trends to watch for:

Potential shifts in global steel demand, which could affect imports.
Technological advancements that might influence domestic production capabilities.
Trade policies and agreements possibly impacting steel trade.
Sustainability measures driving changes in industry preferences.