The production of aluminium tubes and pipes in France has seen significant fluctuations over the past decade. Starting at zero from 2013 to 2015, the industry experienced a sharp increase in 2016. This upward trend continued into 2017, with a year-on-year increase of 51.06%. However, growth stagnated in 2018 with a minimal rise of 0.21%, followed by a notable decline of 39.83% in 2019. Production further decreased by 21.98% in 2020 but partially recovered in 2021 with a 19.79% increase. The downward trend resumed in 2022 with a 13.59% drop and continued with a modest 0.088% rise in 2023, when production stood at 120,080 kilograms. Over the last five years, the Compound Annual Growth Rate (CAGR) was -13.43%.
For future trends:
• Forecasted production from 2024 to 2028 indicates stabilization, with minimal year-on-year growth. The anticipated 5-year CAGR is 0.01%, suggesting a stagnant industry.
• Watch for potential impacts of technological advancements, environmental regulations, and demand shifts in various sectors using aluminium tubes and pipes.