In 2023, Germany imported around 295 million kilograms of hot rolled stainless steel in coils of a width of 600 mm or more and a thickness of 3-4.75 mm. The forecast from 2024 to 2028 shows a steady increase in imports, beginning at 308.1 million kilograms in 2024 and rising to 357.01 million kilograms by 2028. Year-on-year, the expected percentage increase is approximately 4% annually. Over the five-year forecast period, the compound annual growth rate (CAGR) is projected to be 4%.
Future trends to watch for include potential influences from fluctuating global stainless steel prices due to changes in supply chain dynamics, trade policies, and technological advancements in alternative materials, which may impact import levels in Germany.
