The import of pipe flanges of iron or steel except stainless to France is forecasted to decrease steadily from 2024 through 2028. In 2023, the import volume stood at approximately 9.8 million kilograms. Annual projections indicate a gradual decline with values reaching 7.9072 million kilograms in 2028. The average annual contraction rate (CAGR) over these five years is approximately -3.35%, highlighting a consistent downward trend.
Future trends to watch for include potential impacts of green energy initiatives and shifts in manufacturing practices that could influence demand. Additionally, geopolitical developments and trade policies may further affect import volumes.
