In 2023, the sold production of welded tubes and pipes of steel with an external diameter greater than 406.4 mm in France stood at an unspecified base level, preceding year-on-year increases from 2024 to 2028. The forecasted data indicate an upward trend, with production values rising from 865.46 thousand kilograms in 2024 to 1081.8 thousand kilograms in 2028. Key variations include growth rates: approximately 6.34% for 2025, 5.90% for 2026, 5.50% for 2027, and 5.18% for 2028. The compound annual growth rate (CAGR) over the five years is approximately 5.70%.
Future trends to watch for include:
- Potential impacts of technological advancements in steel manufacturing.
- Regulatory changes affecting production efficiency and environmental compliance.
- Market demands influenced by infrastructure projects and energy sector developments.
- Global economic conditions that could alter trade dynamics and material costs.