In 2023, the sold production of hot-drawn or extruded open sections of stainless steel in France stood at an estimated amount. Beginning in 2024, a steady decline is forecasted, with values decreasing from 9.407 million euros to 7.833 million euros by 2028. Year-on-year percentage changes indicate a consistent downward trend, reflecting a decrease of approximately 4-5% annually over each consecutive year. The compound annual growth rate (CAGR) for the 2024-2028 period signals a healthy decline in this niche market.
Future trends to monitor include:
- Shifts in global demand for stainless steel products.
- Technological advancements in stainless steel production.
- Potential impacts of EU tariffs or regulations on stainless steel imports and exports.
- Economic factors influencing construction and manufacturing sectors that utilize such steel sections.