In 2023, iron imports to France stood at 34.29 million metric tons, reflecting a relatively stable yet slowly growing trend over the past decade. However, periods of fluctuation were notable, especially between 2014 and 2020, where imports varied significantly year-on-year, reaching a peak of 36.03 million metric tons in 2017 and a low of 26.84 million metric tons in 2020. The average annual decline from 2018 to 2022 was 0.8%, indicating an inconsistent demand trend during these years.

In recent years, the trend has shifted toward modest growth, with iron imports increasing by 4.09% in 2023 from the previous year. Forecast data suggest that this trend will continue, with iron imports projected to increase steadily at an average annual rate of 0.3% up to 2028.

Future Trends to Watch For:

Global economic stability and its impact on industrial demand in France.
Technological advancements in steel production that could alter import requirements.
Environmental regulations that may affect the volume of iron imports and push for alternative materials.