The Steel Tube or Pipe Fitting market in France, excluding cast fittings, reached a volume of 40.711 million kilograms in 2023. After peaking around 2015, the market faced several downturns, particularly from 2016 to 2019. However, the years 2020 to 2023 observed a recovery, with a positive year-on-year growth particularly noted from 2020 onwards. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 registered at 2.14%, indicating a return to a more stable growth trajectory.
Future trends to watch include:
- The growing adoption of sustainable materials, potentially impacting demand and production processes.
- Technological advancements in production efficiency and material quality.
- Shifts in construction and industrial policies that could alter market dynamics.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 198,720,000 | 2023 | +2.88% | +0.077% | View data |
| 2 | 2 France | 40,711,000 | 2023 | +3.28% | +2.14% | |
| 3 | 3 Belgium | 31,173,000 | 2023 | +4.2% | +4.37% | View data |
| 4 | 4 Denmark | 21,513,000 | 2023 | +0.85% | +0.44% | View data |
| 5 | 5 Ireland | 3,470,800 | 2023 | -1.67% | -0.92% | View data |
