The import of metal permanent magnets and related articles intended as magnets to France is showing a gradual decline from 2024 to 2028, with volumes forecasted to decrease from 2.1676 million kilograms in 2024 to 2.0902 million kilograms in 2028. This represents a year-on-year decrease of approximately 1% to 2%. This trend indicates a modest but consistent contraction in imports within this period.
Future trends to watch for include:
- Technological advancements that may reduce the need for traditional metal magnets.
- Potential shifts in manufacturing strategies towards domestic production to reduce imports.
- Changes in global supply chains or trade policies that could impact import volumes.