The forecasted import volume of tube or pipe fittings of cast steel to Germany shows a consistent growth from 2024 to 2028. In 2023, the import volume was approximately 10.8 million kilograms. The expected annual growth is between 3.5% and 3.8%, with a compound annual growth rate (CAGR) over the five-year period averaging around 3.3%.
Future trends to watch for include:
- Potential fluctuations in global steel prices impacting import volumes.
- Evolving trade policies affecting German steel imports.
- Technological advancements in the manufacturing of cast steel fittings.
