The forecast for the import of iron or steel pipes for oil or gas pipelines into France indicates a consistent decrease from 2024 to 2028. The volume imported in 2024 stands at 13.736 million kilograms, which is projected to decline by approximately 7.28% year-on-year by 2025, followed by a further decline of 7.68% by 2026. The trend shows a continued reduction with an 8.16% decrease in 2027 and a 9.5% decrease by 2028. The compounded annual growth rate (CAGR) for the period from 2024 to 2028 reflects an average annual decline of approximately 7.96%.
Future trends to watch for include potential global geopolitical changes affecting oil and gas infrastructure projects and technological advancements in pipeline materials that might alter demand dynamics. Additionally, France's energy policy shifts towards renewable sources could influence future import levels.
