The domestic material consumption of metal ores in France is forecasted to decrease annually from 2024 to 2028. Starting at 15.86 million metric tons in 2024, the consumption is set to decline to 14.4 million metric tons by 2028, illustrating a steady downward trend. This decline reflects a compound annual growth rate (CAGR) over five years, highlighting reduced demand for metal ores. In 2023, the consumption was slightly higher, which aligns with the overall forecasted decline.
Future trends to watch for include:
- Increased recycling efforts and advancements in recycling technology possibly moderating demand for raw metal ores.
- Shifts in industrial policy or environmental regulations that may impact ore consumption.
- Economic factors and technological advancements that could influence manufacturing processes and demand for metal ores.