In 2023, Germany's import of iron ores and concentrates stood at 41.4 billion kilograms. Based on forecasts, there is a minimal decline projected from 2024 to 2028, with values slightly decreasing each year: 41.362 billion kilograms in 2024, down to 41.274 billion kilograms in 2028. Year-on-year variations are negligible, indicating a stable yet gradually declining trend. The forecasted compound annual growth rate (CAGR) indicates a marginal reduction over this period.

Future trends to watch for:

Technological advancements in steel production that might reduce reliance on imported ore.
Environmental regulations impacting import levels.
Geopolitical influences on supply chains that could alter import volumes.