The volume of metal ores direct material inputs in France showed fluctuating trends from 2013 to 2023. Actual data from 2013 to 2023 reveals significant variations, with a peak in 2018 at 66.25 million metric tons and a trough in 2020 at 54.36 million metric tons, attributing to a -14.58% year-on-year decline due to disruptive global events. The data for 2023 stands at 60.52 million metric tons, reflecting a 4.03% year-on-year increase from the previous year. The compound annual growth rate (CAGR) over the last five years is -1.79%, indicating a slight overall decline.
Looking ahead, forecasted data suggest stabilization in the volume of metal ores direct material inputs, with a modest 5-year CAGR of 0.11% and a forecasted average yearly growth rate of 0.57% through 2028. This indicates a likely period of near steady levels of metal ore consumption in the coming years.
Future trends to watch for include:
- Global economic recovery and its effect on industrial demand.
- Technological advancements influencing mining efficiency and material usage.
- Regulatory changes impacting mining and metal ore import/export policies.
- Sustainability practices shaping the raw material sourcing strategies.
