France: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in France

The French market for welded and cold-formed sections of steel expanded sharply to $X in 2022, surging by 11% against the previous year. In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.9% against 2017 indices. Welded and cold-formed steel sections consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Welded And Cold-Formed Sections Of Steel in France

In value terms, welded and cold-formed steel sections production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 53%. Welded and cold-formed steel sections production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from France

In 2022, overseas shipments of welded and cold-formed sections of steel increased by 67% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2021 when exports increased by 123%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, welded and cold-formed steel sections exports soared to $X in 2022. Overall, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for welded and cold-formed steel sections exports from France, with a 43% share of total exports. Moreover, welded and cold-formed steel sections exports to the UK exceeded the volume sent to the second major destination, Ireland (X tons), fivefold. Italy (X tons) ranked third in terms of total exports with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +43.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+124.1% per year) and Italy (+19.4% per year).

In value terms, the UK ($X) emerged as the key foreign market for welded and cold-formed sections of steel exports from France, comprising 46% of total exports. The second position in the ranking was held by Italy ($X), with a 9.3% share of total exports. It was followed by Poland, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK amounted to +48.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+24.3% per year) and Poland (+68.8% per year).

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, increasing by 51% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth was the most pronounced in 2015 an increase of 78%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to New Caledonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into France

In 2022, purchases abroad of welded and cold-formed sections of steel increased by 47% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2013 with an increase of 95% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, welded and cold-formed steel sections imports surged to $X in 2022. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 108% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of welded and cold-formed steel sections to France, with a 44% share of total imports. Moreover, welded and cold-formed steel sections imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by Serbia (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled +13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+47.1% per year) and Serbia (+103.5% per year).

In value terms, Spain ($X), Serbia ($X) and the UK ($X) were the largest welded and cold-formed steel sections suppliers to France, with a combined 57% share of total imports.

Among the main suppliers, Serbia, with a CAGR of +119.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for welded and cold-formed sections of steel amounted to $X per ton, which is down by -12% against the previous year. Overall, the import price showed a mild descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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