In 2023, France imported approximately 1.950 million kilograms of fish plates and sole plates made of iron or steel. According to forecasts, a consistent upward trend is anticipated over the next five years, with imports reaching 2.1824 million kilograms by 2028. The year-on-year growth rate is forecasted at 2.4% from 2024 to 2025, 2.3% from 2025 to 2026, 2.2% from 2026 to 2027, and 2.1% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period is expected to be approximately 2.25%.
Future trends to watch include:
- Potential shifts in railway infrastructure investment in France, which could impact import demand.
- Global steel market fluctuations affecting supply chains and cost structures.
- Advances in railway technology potentially driving changes in material specifications.