Forecast: Value Added of Chemicals Manufacturing in France

The value added of chemicals manufacturing in France showed a steady growth trajectory, reaching 23.77 Billion Euros in 2023. The data reflects varied year-on-year fluctuations, including notable highs in 2015 (12.07%) and 2021 (12.13%), and occasional declines in 2016 (-3.29%) and 2020 (-4.4%). Over the last five years, the compound annual growth rate averaged at 3.59%. The forecasted growth from 2024 to 2028 suggests a more moderate annual increase of 2.07%, totaling a cumulative 10.79% growth over this period. Future trends to monitor include potential impacts from regulatory changes, advancements in green chemistry, and the evolving global trade environment influencing the sector.

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