In 2023, France's import of raw silk stood at an unspecified baseline as it was previously recorded data. Forecasts predict a gradual increase in imports, reaching 280.8 thousand kilograms by 2028. The anticipated year-on-year growth is consistent, with a modest increase of around 1.4% annually, reflecting a steady demand. The compound annual growth rate (CAGR) over the 5-year period is expected to align closely with this annual pace, indicating stable but moderate growth in import volumes.
Future trends to watch for:
- Global raw silk production levels, as fluctuations can impact supply chains.
- Economic conditions and consumer preferences influencing demand for silk products.
- Trade policies affecting import duties or restrictions, altering import dynamics.