Forecast: Production of Iron, Steel and Ferro-Alloys in France

The production of iron, steel, and ferro-alloys in France exhibited notable fluctuations from 2013 to 2023. Key patterns include a noticeable decline from 2015 to 2016, followed by a substantial surge in 2017. The production steadily increased until 2020 when it experienced a significant drop. Recovery began in 2021 and continued to accelerate through 2023, ending at 37.197 billion kilograms in 2023.

Year-on-year variations reveal significant volatility, with sharp declines observed in 2019 and 2020, followed by robust recovery periods in subsequent years, particularly in 2022 and 2023. Over the last 5 years, this period saw an average annual growth (CAGR) fluctuating around -1.09% due to earlier declines.

Forecasted data from 2024 to 2028 present a continued upward trend, with the production expected to reach 46.96 billion kilograms by 2028. The forecast 5-year CAGR stands at 3.68%, indicating a consistent growth trajectory up to 2028.

Future trends to watch for include technological advancements in production processes, potential shifts in global supply and demand, regulatory changes impacting the industry, and the adoption of more sustainable and environmentally friendly production practices.