Based on the given data, the forecasted imports of fluoro-polymers (in thousand kilograms) to Australia are:
- 2024: 175.57
- 2025: 173.47
- 2026: 171.42
- 2027: 169.4
- 2028: 167.43
The year-on-year variations are:
- From 2024 to 2025: -1.20%
- From 2025 to 2026: -1.18%
- From 2026 to 2027: -1.18%
- From 2027 to 2028: -1.16%
The Compound Annual Growth Rate (CAGR) over the last five years is approximately -1.18%.
Future Trends to Watch
Although there's a consistent decline in fluoro-polymers imports, factors such as technological advancements, changes in regulations, and the evolution of alternative materials could influence future trends. Stakeholders should monitor these variables to adapt effectively.