In 2023, the import of cored wire of base metal for electric arc-welding to France stood at 19.5 million USD. The forecasted import values indicate a gradual increase from 19.686 million USD in 2024 to 20.619 million USD in 2028. This translates to a year-on-year growth of approximately 1.22% in 2025, 1.19% in 2026, 1.15% in 2027, and 1.11% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be modest, reflecting stable market conditions.
Future trends to watch include technological advancements in welding techniques, which may influence the demand for cored wire. Additionally, any development in international trade policies or base metal pricing could impact import values. Monitoring these factors will be crucial for stakeholders in the cored wire market.