The forecast for France's domestic material consumption of metals from 2024 to 2028 indicates a steady growth trend. Starting at 20.33 million metric tons in 2024, consumption is expected to rise gradually each year, reaching 20.83 million metric tons by 2028. This period maintains a consistent year-on-year growth rate of approximately 0.64%, reflecting stable demand. Comparing to 2023, where actual consumption stood at 20.21 million metric tons, this forecast suggests a positive trajectory over the next five years. The compound annual growth rate (CAGR) across this period highlights an average annual increase of about 0.59%.
Future trends to watch for:
- Potential shifts in industrial demand driven by technological advancements.
- Impact of European green policies on metal consumption patterns.
- Economic fluctuations influencing industrial production and metal demand.
- Emerging markets and global supply chain dynamics affecting domestic usage.
