The export value of iron ores and concentrates from France exhibits a declining trend starting from 2024, with values projected as: 4.8787 million USD in 2024, 4.384 million USD in 2025, 3.8991 million USD in 2026, 3.4239 million USD in 2027, and 2.9582 million USD in 2028. This downward trajectory suggests a significant reduction in volume or price or a combination of both. Relative to 2023, when the value stood at 5.4 million USD, the year-on-year variations indicate a steady decrease of approximately 10-12% annually. Notably, the compound annual growth rate (CAGR) over the 5-year period points to a consistent average annual decline of around 10%.
Future trends to monitor include market demand shifts, technological advancements in iron ore processing, policy changes, and global economic conditions affecting trade dynamics. Keeping an eye on emerging markets and sustainable practices could also provide insights into potential recovery or further decline in this sector.
