The forecast for the sold production of flat-rolled products of tool steel or alloy steel (other than stainless steel) with a width greater than 600 mm in France indicates a steady decline from 2024 through 2028. Starting at 192.8 million Euros in 2024, the value drops to 162.69 million Euros by 2025—a decrease of about 15.6%. The downward trend continues to 133.18 million Euros by 2026, marking an 18.1% decline from the previous year. Subsequently, in 2027, the forecast predicts a further decrease to 104.26 million Euros, reflecting a 21.7% decrease. The 2028 forecast value of 75.916 million Euros culminates in a substantial 27.2% decline from 2027, born out of an average compound annual growth rate (CAGR) of around -20.3% over these years.
Future trends to watch for include:
- Potential market recovery factors that may stabilize or reverse the negative trend.
- Technological advancements impacting production costs and efficiency.
- Changes in demand from key industries relying on these steel products.
- Economic policies and trade agreements that may influence production or export dynamics.
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