In 2023, France re-imported silver wares and silverware plated with precious metals at a volume of approximately 50 thousand kilograms. Forecasted data for 2024 through 2028 show a consistent upward trend, indicating a steady increase from 52.26 thousand kilograms in 2024 to 63.19 thousand kilograms in 2028. This growth represents a compound annual growth rate (CAGR) of approximately 4.74%.
- Year-on-year growth from 2024 to 2025 is projected at 5.4%.
- Year-on-year growth from 2025 to 2026 is projected at 5.0%.
- Year-on-year growth from 2026 to 2027 is projected at 4.7%.
- Year-on-year growth from 2027 to 2028 is projected at 4.4%.
Future trends to watch for include potential fluctuations in global silver prices, economic shifts impacting consumer demand, and changes in trade regulations that could affect import dynamics.
