As of 2023, the import volume of Electrical Cold-Rolled Slit Strip in Silicon-Alloy Steel of a width less than 600 mm to France was approximately 3.74 million kilograms. Based on forecasts, this import volume is set to decline year-on-year from 2024 onwards, starting at 3.62 million kilograms in 2024 and reducing to 3.13 million kilograms by 2028. This represents a consistent annual decline, reflecting decreasing demand or changes in supply dynamics. The average annual reduction (CAGR) over this period is significant, depicting a steady contraction in import levels.
Future trends to watch for include:
- Trade policy changes, which could impact cost competitiveness and import volumes.
- Technological advancements in domestic production that may reduce dependency on imports.
- Shifts in demand driven by new energy efficiency regulations or alternative materials.
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