In 2023, the sold production of steel tubes, pipes, hollow profiles, and related fittings in France stood at 857.6 million euros. Forecasts reveal a gradual decline, beginning at 852.46 million euros in 2024 and decreasing to 833.6 million euros by 2028. Year-on-year, the decline is moderate, with percentage reductions of approximately 0.56% annually from 2024 to 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) indicates a steady decrease of around 0.57% per year.
Future trends to watch for:
- Market adaptation to emerging sustainable production technologies.
- Fluctuations due to global economic conditions and trade policies.
- Developments in infrastructural demands within Europe.
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