In 2023, the import of iron or steel expanded metal into France stood at a significant position, serving as a foundation for forecasting future values. From 2024 onwards, there is a steady upward trend observed in the import values, with expected annual growth rates reflected in percentage increases. Year-on-year growth from 2024 to 2028 is consistently around 3.5-3.8%, indicating a stable demand and consistent market growth. This trend supports the notion of a robust industry sector in the coming years.
Looking into the future, several trends are pivotal:
- Sustainability: Increased focus on sustainability could alter supply chains and sourcing strategies, impacting trade volumes.
- Technological Advancements: Automation and innovation in metal processing might affect import volumes.
- Economic Factors: Global economic fluctuations and geopolitical events may influence trade agreements and import levels.
- Regulations: Changes in EU trade policy and environmental regulations could impact import dynamics.