In 2023, the import of statuettes and other ornaments, unplated of base metal to France stood at a certain benchmark, providing a basis for forecasting future trends. The forecast from 2024 to 2028 reveals a declining trend in import volume. Starting from 7.4812 million kilograms in 2024, the volume is projected to decrease gradually, culminating in 7.3776 million kilograms by 2028.
Year-on-year variations indicate a consistent decline, although modest, reflecting a reduction in import volumes by an average annual change. Over a five-year period, the compound annual growth rate (CAGR) would suggest a slow contraction in the market, implying reduced import volumes at a steady pace.
Future trends to watch for:
- Potential shifts in consumer preferences towards alternative materials could impact demand.
- Changes in international trade policies or tariffs affecting import decisions.
- Evolving design trends and cultural influences that may alter consumer interest in base metal ornaments.