In 2023, the import of wool grease to France was valued at approximately 7.83 million US dollars. The forecasted data from 2024 to 2028 shows a steady decline in the import value of wool grease, with a decrease from 7.71 in 2024 to 7.20 million US dollars by 2028. Year-on-year variations indicate a slight but consistent percentage drop annually. Over the five-year forecast period, this reflects a compound annual growth rate (CAGR) pointing towards a gradually shrinking market.
Future trends to watch for include developments in synthetic alternatives to wool grease, potential shifts in global wool production, environmental regulations affecting the wool supply chain, and consumer demand trends for natural versus synthetic products. Keeping an eye on these factors could provide insights into the future demand and import dynamics of wool grease in France.
