In 2023, the import of iron or steel cold-formed helical coil compression springs to France stood at an estimated 9.15 million kilograms. The forecast data for 2024 to 2028 shows a steady year-on-year growth. From 2024 to 2025, the volume is expected to increase by approximately 3%. The subsequent two years, 2025 to 2026 and 2026 to 2027, forecast further increases of about 3% and 2.8% respectively. From 2027 to 2028, the forecast anticipates a growth of around 2.7%, resulting in a 5-year compound annual growth rate (CAGR) of approximately 2.8%.
Future trends to watch for include potential changes in the global steel market, which could impact prices and supply chains, affecting import volumes. Additionally, advancements in automation and technology might influence the demand for these springs in industrial applications. Monitoring economic indicators and trade policies will be crucial for understanding future import trends.
