In 2023, Germany imported flat rolled products of stainless steel of a width less than 600 mm amounting to approximately 10.931 million kilograms. The forecast from 2024 to 2028 shows a gradual decline in import volumes, from 10.801 million kilograms in 2024 to 10.29 million kilograms in 2028. This suggests a negative year-on-year variation of approximately -1.20% in 2025 and continues similarly through 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates an average decline of -1.25% per year.
Future trends to watch for include:
- Potential shifts in global stainless steel supply chains impacting import volumes.
- Technological advancements in domestic manufacturing reducing reliance on imports.
- Environmental policies affecting production and consumption of stainless steel.