In 2023, the import of motor vehicle mountings and fittings of base metal to France stood at 24.1 million kilograms. The forecast data from 2024 onwards shows a steady increase each year, with projected values of 24.776 million kilograms in 2024, up to 27.01 million kilograms by 2028. This represents a year-on-year growth rate of approximately 2.3% to 2.1% across this period. The compound annual growth rate (CAGR) for 2024 to 2028 is approximately 2.17%.
Future trends to watch for:
- Potential changes in automotive industry demands that could affect import volumes.
- Impact of technological improvements in vehicle manufacturing on base metal mountings and fittings.
- Fluctuations in global metal prices that could influence import levels.
- Regulatory shifts in environmental and safety standards for vehicle components.