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.