In 2023, the import volume of nickel plates, sheet, strip, and foil to France was recorded at approximately 2.8459 million kilograms. The forecast for 2024 to 2028 shows a consistent downward trend from 2.8128 million kilograms to 2.6882 million kilograms. Year-on-year variations from 2024 to 2028 depict a steady decrease by an average of 1.23% annually. The compound annual growth rate (CAGR) over the five-year forecast period is approximately -1.41%, indicating a slight decline in import volumes.
Future trends to watch:
- Environmental regulations impacting nickel production and importation.
- Advancements in alternative materials that might reduce nickel demand.
- Global economic shifts affecting France’s industrial needs and import capacities.