The import of nickel fittings, pipe, and tube to France has experienced a significant decline over the past five years, shrinking from 23.21 thousand kilograms in 2018 to 1.83 thousand kilograms in 2022. This trend represents a compound annual growth rate (CAGR) of approximately -37.7%. Recent years have seen a sharp decrease, particularly from 2020 to 2022. The import volume for 2023 continued to reflect a diminishing trend, consistent with previous years.
Future trends to watch for:
- Monitor global nickel market fluctuations, as supply chain disruptions may impact import levels.
- Observe policy changes in France that incentivize or restrict the use of nickel in manufacturing sectors.
- Evaluate technological advancements and materials innovation that could replace nickel components, influencing import demand.