The turnover for Basic Iron, Steel, and Ferro-Alloys in France exhibited fluctuations from 2013 to 2023. In particular, the market saw a plummet in turnover value from 2013’s €12.51 billion to €10.51 billion in 2016. Post-2016, there was significant recovery, peaking in 2018 at €17.37 billion. By 2023, the turnover stabilized at €14.2 billion, showing a modest increase of 1.53% from the previous year.
Over the last five years, the Compound Annual Growth Rate (CAGR) stood at -3.94%, pointing towards overall market contraction. The forecasts for 2024 to 2028 project a gradual decline, with a forecasted CAGR of -2.53%, indicating a reduction of 12.02% over this period.
Future trends to watch for include the impact of evolving environmental regulations, technological advancements in steel production, and potential shifts in global trade policies affecting imports and exports. Sustainability initiatives and economic volatility will also influence the market trajectory.
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