Between 2023 and 2028, France's import of converters used in metallurgy or metal foundries is forecasted to exhibit a consistent declining trend in terms of volume. In 2024, imports are expected to be 5.34 thousand kilograms, down from a 2023 figure of 5.80 thousand kilograms. The year-on-year percentage variation shows decreasing imports at roughly 9.3% per year from 2024 to 2028. The compound annual growth rate (CAGR) projects an average annual decline of around 9.8% over the 2024-2028 period.
Future trends to watch for include:
- Technological advancements that might influence the efficiency and demand for converters.
- Changes in global market conditions and raw material prices that could impact import levels.
- Environmental regulations or shifts towards sustainable practices potentially affecting the metallurgy industry.
- Economic factors within France, such as industrial growth or recession, that can influence demand.
