The forecast for the import of machinery for making felt and nonwovens, including hats, to France shows a gradual increase from 2024 to 2028. In 2023, the imports stood at a notably lower volume, marking a rising trend in subsequent years.
The year-on-year growth rates are as follows:
- From 2024 to 2025: 2.21%
- From 2025 to 2026: 2.12%
- From 2026 to 2027: 2.03%
- From 2027 to 2028: 1.95%
On average, the compounded annual growth rate (CAGR) over the five years from 2024 to 2028 suggests a positive but modest increase in import volumes.
Future trends to watch for include potential shifts in the global supply chain, technological advancements in machinery production, and changes in trade policies, all of which could affect import volumes and patterns in France.
