The forecast for France's import of electrical control and distribution boards, with voltage not exceeding 1 kV, shows a steady increase from 2024 to 2028, growing from 22.82 million kilograms in 2024 to 24.052 million kilograms in 2028. As of 2023, where the import stood, reflects current growth trajectories remaining positive over this period.
- Year-on-year percentage increase from 2024 to 2025 is approximately 1.39%.
- Year-on-year increase from 2025 to 2026 is about 1.34%.
- From 2026 to 2027, the increase is roughly 1.30%.
- From 2027 to 2028, growth is around 1.26%.
The compound annual growth rate (CAGR) from 2024 to 2028 averages around 1.33% per year, indicating a gradual and consistent expansion in import volumes over the forecast period.
Future trends to watch for include the impact of technological advancements in energy efficiency, regulatory changes in electrical safety standards, and economic factors affecting international trade. Monitoring these factors will provide insights into potential shifts in import volumes and market demands.
