In 2023, the import of hot rolled stainless steel not in coils for France stood at 17.668 million kilograms. Starting from 2024, forecasted data suggests a year-on-year decline ranging from approximately 3% each year. By 2028, the figure is expected to decrease to 15.142 million kilograms. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates an average annual decrease of around 3%. This constant decline reflects a significant negative trend in the import volume.
Future trends to watch include emerging technological advancements in local production processes and geopolitical trade policies which could further impact import reliance. Additionally, monitoring shifts in demand for alternative materials might alter market dynamics significantly.
