In 2023, the market size for steel tube or pipe fittings (excluding cast fittings) in France stood at 322.23 million Euros. Over the last decade, the market showed fluctuations, with notable growth from 2016 through 2019, reaching a peak in 2019. The market experienced a downturn in 2020 due to various economic factors. A recovery commenced in 2021, continuing into 2023, showing a 5.79% year-on-year growth from 2022. The compound annual growth rate (CAGR) over the past five years was 1.7%.
Future trends to watch for:
- Potential impact of emerging markets and economic recovery post-pandemic.
- Technological advancements in manufacturing processes.
- Regulatory changes impacting the steel industry in Europe.
- Fluctuations in raw material prices and impact on supply chain stability.
How does France rank in Steel Tube or Pipe Fitting (Excluding Cast Fittings) Market Size Value?
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 876,990,000 | 2023 | +0.28% | +0.74% | View data |
| 2 | 2 United Kingdom | 482,420,000 | 2023 | +0.25% | +1.21% | View data |
| 3 | 3 France | 322,230,000 | 2023 | +5.79% | +1.7% | |
| 4 | 4 Czech Republic | 202,960,000 | 2023 | +4.8% | +4.61% | View data |
| 5 | 5 Denmark | 183,680,000 | 2023 | +2.65% | +2.99% | View data |
