The forecast for the import of hot-drawn or extruded open sections of stainless steel to France indicates a consistent decline over the next five years, with imported volumes decreasing from 2.2783 million kilograms in 2024 to 1.5449 million kilograms by 2028. This represents a year-on-year decrease in the range of 8% to 10%. The compound annual growth rate (CAGR) over this period is negative, reflecting the steady drop in import volumes.
Future trends to watch for:
- Potential shifts in domestic production capacities influencing import needs.
- Changes in EU trade policies affecting import dynamics.
- Technological advancements possibly reducing reliance on imports.