Forecast: Import of Flat Rolled Silicon-Electrical Steel of a Width of 600 mm or More to Germany

In 2023, the import of flat rolled silicon-electrical steel of a width of 600 mm or more to Germany stood at 59.4 million USD. From 2024 through 2028, the data shows a declining trend in import values. The forecasted values illustrate a year-on-year decrease, with a compound annual growth rate (CAGR) of approximately -7.1% over the five-year period.

Key future trends to watch for include:

  • German regulations on steel imports which might influence import values.
  • Global supply chain shifts impacting steel production and distribution.
  • Technological advances in manufacturing which may alter demand for silicon-electrical steel.
  • Environmental policies encouraging innovations or alternative materials in the energy sector.

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