Forecast: Import of Cold Rolled Iron or Non-Alloy Steel Not in Coils, of a Width of 600 mm or More, Thickness of 1.0-3 mm and Minimum Yield Point Not Exceeding 275 Mpa to Germany

In 2023, the import value of cold-rolled iron or non-alloy steel not in coils to Germany stood at approximately 66.2 million US dollars. Forecasts for 2024 project a decline to 63.449 million US dollars, representing a year-on-year decrease of 4.16%. This downward trend continues with expected annual declines of 4.13% from 2025 to 2028, eventually reaching 53.276 million US dollars in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -4.0%.

Future trends to watch for:

• Global economic conditions affecting steel supply and demand.
• Germany’s manufacturing sector performance, which heavily influences steel import requirements.
• Emerging technologies or regulations in the steel industry that may alter production or importation patterns.
• Exchange rate fluctuations impacting the cost of imports.