In 2023, the import value of fibreboard with density between 0.5 g/cm3 and 0.8 g/cm3 mechanically worked or surface covered into France stood at $277 million. Forecasted values indicate a steady increase in imports for the upcoming years, reaching approximately $301.95 million by 2028. The year-on-year growth rate reveals a consistent positive trend, with an average annual increase.
The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 is expected to be around 1.34%. This suggests gradual yet sustained growth driven by factors such as demand in construction and furniture industries.
Future trends to watch for include evolving environmental regulations, advancements in production technology potentially reducing costs, and changes in consumer preferences towards sustainable materials. These elements could impact supply chain dynamics and demand patterns.
