The import of tubes, pipes, and hollow profiles of cast iron to France is projected to grow steadily from 2024 to 2028, increasing from 98.74 million kilograms in 2024 to 105.39 million kilograms in 2028. Compared to 2023, the year-on-year growth from 2024 to 2025 is projected at about 1.73%, followed by 1.67% for 2025 to 2026, 1.61% for 2026 to 2027, and 1.55% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is expected to be around 1.64%, indicating a consistent upward trend.
Future trends to watch for include:
- Potential shifts in global trade policies that could impact import volumes or prices.
- Technological advancements in manufacturing that might affect the demand for cast iron products.
- Environmental regulations that could drive changes in material preferences or sourcing strategies.