Based on the forecast data provided, the import of iron ore to France shows a steadily declining trend from 2024 to 2028. In 2023, the baseline year, the import volume would need to be known to calculate precise year-on-year variations. However, the forecasted data depicts a gradual decrease in the annual import volume, from 15.647 billion kilograms in 2024 to 15.501 billion kilograms in 2028, reflecting a continuous annual decline.
Considering the year-on-year trend:
- 2024: No variation calculation provided against 2023.
- From 2024 to 2025: A slight decrease in import volume.
- Continued slight annual declines through 2028.
The compound annual growth rate (CAGR) over the forecasted years indicates a minor average decrease in imports per year. Factors such as global economic conditions, shifts in industrial demands, or policy changes could substantially impact future trends in iron ore imports to France. Monitoring the economic climate in France and global steel production needs will be critical.
