The import of polypropylene to France stood at 732.25 million US dollars in 2023. Forecasted data from 2024 to 2028 shows a steady increase in imports, with values rising from 748.38 million US dollars in 2024 to 791.27 million US dollars by 2028. The year-on-year variation indicates an approximate annual increase of 1.5%-1.6%. Over the past two years, the import values have shown consistent growth, and the compound annual growth rate (CAGR) over the last five years is projected at around 1.57%.
Future trends to watch:
- Potential impact of global supply chain disruptions on polypropylene imports.
- Advancements in recycling technology reducing the need for virgin polypropylene imports.
- Shifts in regulatory policies related to plastic use and imports in the EU.
- Fluctuations in crude oil prices affecting raw material costs and import values.
- Demand increases in various industries such as automotive, packaging, and consumer goods.