In 2023, the re-import of railway and tramway track material of iron or steel to France stood at a lower base compared to the forecast for 2024 onwards. From 2024 to 2028, a steady increase in forecasted values is evident, marking consistent year-on-year growth. Specifically, there is approximately a 1.2% increase each year from 2024 to 2025, with a similar trend continuing through 2028.
The compound annual growth rate (CAGR) over the five-year forecast period reflects a moderate upward trend, indicating stable demand and possible economic growth or infrastructural investments in the sector.
Future trends to watch for include:
- Potential impacts of technological advancements in railway materials.
- Influence of environmental regulations on steel production and importation.
- Economic policies or infrastructural developments within the European Union that could affect trade patterns.