The forecasted import of flat rolled iron or non-alloy steel, clad, with a width of less than 600 mm to France shows a declining trend from 2024 to 2028. The import value reduces from 3.4874 million USD in 2024 to 2.7597 million USD in 2028. This indicates a consistent decrease in imports over the five-year period.
- Year-on-year variations from 2024 to 2025 indicate a decrease of approximately 5.37%.
- From 2025 to 2026, the decrease continues at around 5.57%.
- The period from 2026 to 2027 records about a 5.77% reduction.
- Finally, 2027 to 2028 shows a decrease of approximately 6.01%.
The compound annual growth rate (CAGR) over this five-year forecast period averages to a decline of 5.68% per year.
Future trends to watch include potential shifts in global trade policies, fluctuations in steel supply and demand, and technological advancements in production influencing import dynamics. Additionally, France's transition towards greener industries may impact its reliance on certain steel imports.
