In 2023, the import volume of pipe and tube fittings of refined copper to France stood at an actual value of 2.2396 million kilograms. Moving into 2024, forecasts indicate a decrease to 2.1677 million kg, with the trend continuing downward to 1.8921 million kg by 2028. This illustrates a year-on-year decline, with percentage reductions from 2024 to 2025, and continuing through to 2028. The five-year compound annual growth rate (CAGR) shows a negative trend, indicating a steady annual decrease in imports over this period.
Future trends to watch for include:
- Potential impacts of global copper demand and supply dynamics.
- Trade policy changes within the EU and France's trading partners.
- Technological advancements influencing the use of copper in various industries.
- Environmental regulations affecting the production and trade of copper-based products.