The import of iron and non-alloy steel in ingots to France was 7.00 million kilograms in 2023. The forecast for 2024 shows a slight decline to 6.9948 million kilograms, with a gradual year-on-year decrease projected through 2028, ending at 6.9915 million kilograms. This represents a modest negative trend in imports.
Variations over the next few years are minimal, with each year experiencing a slight decrease. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is negative, indicating a slight but consistent dip in volume.
Future trends to watch for include:
- Potential changes in global trade policies affecting steel imports.
- Technological advances in steel production or alternatives reducing import needs.
- Economic factors impacting France’s demand for raw steel materials.