The import of degras and residues from the treatment of animal and vegetable waxes to France is expected to experience steady growth over the next five years. The forecasted values from 2024 to 2028 show a consistent year-on-year increase, beginning at $34.957 million in 2024 and reaching $41.846 million by 2028. This represents a compound annual growth rate (CAGR) that signals a promising upward trend for this sector.
Key trends and future considerations include:
- Monitoring international trade relations, which can impact import costs and regulations.
- Keeping an eye on technological advancements in wax treatment processes that might influence import needs.
- Observing environmental policies that affect the demand for sustainably sourced degras and residues.
