In 2023, the import of flat-rolled products of alloy steel, other than stainless, hot-rolled or cold-rolled 'cold-reduced' and further worked into France recorded an actual figure of approximately 6.2 million kilograms. Over the forecast period, these imports show a steady increase. For 2024, the forecast is around 6.5 million kilograms, rising steadily each year to reach about 7.9 million kilograms in 2028. The year-on-year growth rates average between 5% and 6%, with the compound annual growth rate (CAGR) for 2024-2028 anticipated around 4.5%. This suggests a sustained positive trend over the forecast period.
Future trends to watch include:
- Potential shifts in global supply and demand dynamics affecting steel imports.
- Trade policies and tariffs impacting the cost and volume of imports.
- Technological advancements in production leading to increased efficiency and possibly altering import needs.
- Changes in France's economic outlook or industrial activity could influence import levels.
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