In 2023, the number of enterprises in the precious metals sector in France was higher than the forecast for the coming years. The forecast for 2024 indicates a decline to 8 enterprises, continuing to decrease each year to 2 by 2028. This represents a significant downward trend with a compounded annual growth rate (CAGR) suggesting an overall contraction in the sector.
Future trends to watch for include:
- Technological advancements improving efficiency, possibly impacting enterprise survival and growth.
- Global economic conditions affecting demand and investment in precious metals.
- Policy changes, including environmental regulations, influencing operational costs and sustainability in the sector.