In 2023, France imported isocyanates totaling 38.745 million kilograms. The forecast data for 2024 to 2028 suggests a steady increase, with imports expected to reach 40.7 million kilograms by 2028. Year-on-year growth rates increase from 1.02% in 2024 to approximately 0.96% in 2028. Over the five-year period from 2023 to 2028, the compounded annual growth rate (CAGR) stands at approximately 0.98%.
Future trends to watch for:
- Potential fluctuations in global supply chain dynamics that could impact import volumes.
- Technological advancements in production processes potentially altering isocyanate demand.
- Regulatory changes and environmental policies in the EU affecting the chemical import market.