The forecast for the import of hot-rolled iron or non-alloy steel in coils to France shows a declining trend from 2024 to 2028. The imports are projected to decrease year-on-year, with a shift from 14.668 million USD in 2024 to 12.316 million USD by 2028. This represents a gradual annual decrease of about 5% per year when analyzing the compound annual growth rate (CAGR) over this period.
- 2024 to 2025: A decrease of approximately 4.1%
- 2025 to 2026: A decrease of approximately 4.2%
- 2026 to 2027: A decrease of approximately 4.3%
- 2027 to 2028: A decrease of approximately 4.4%
This downtrend indicates a potential shift in sourcing strategies, increasing domestic production, or changes in demand within the French market. As economic conditions, trade policies, and technology advances could further impact these projections, stakeholders should closely monitor fluctuations in industrial production and market demand for steel products in France and the EU.
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