Forecast: Sold Production of Metal Forming Machinery in France

The sold production of metal forming machinery in France has shown significant fluctuations over the past decade. In 2023, the value stood at 6.66 thousand items. Historical data indicates a peak in 2014, followed by a steady decline until 2019, a sudden recovery in 2020, and moderate stabilization in the subsequent years. The year-on-year variation for 2023 was 4.21%, demonstrating slight growth. The cumulative average annual growth rate (CAGR) over the last five years was -7.37%, highlighting a general downward trend.

Future trends to watch for:

  • Forecasted gradual recovery with a 5-year CAGR of 2.84% up to 2028, predicting an overall growth of 15.01% from 2023 levels.
  • Continuous improvements in production technologies may drive growth.
  • Potential impacts from economic policies and global market conditions should be monitored.

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