Forecast: Import of Sections U/I/H of Iron or Non-Alloy Steel Not Further Worked Than Hot-Rolled, Hot-Drawn or Extruded, of a Height of Less Than 80 mm to France

In 2023, the import of sections U/I/H of iron or non-alloy steel to France was recorded at 3.96 million kilograms. The forecasted data shows a gradual decline over the next five years, with imports expected to decrease year by year to 1.8294 million kilograms by 2028. The year-on-year percentage change shows a consistent downward trend averaging a Compound Annual Growth Rate (CAGR) of -10.57% from 2024 to 2028, indicating a decreasing demand or potential market saturation for these products in France.

Future trends to watch for include:

  • Changes in French steel industry regulations and policies, which could affect import levels.
  • Economic factors influencing construction and infrastructure development that may impact the demand for steel sections.
  • Technological advancements in domestic production that could reduce reliance on imports.

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