In 2023, the import of artificial and prepared waxes other than of polyethylene glycol to France stood at 44.95 million kilograms. Forecast data indicate a steady increase from 45.383 million kilograms in 2024 to 47.06 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 1.44% over the five-year period.
Key year-on-year variations:
- 2024 to 2025: 0.94% increase
- 2025 to 2026: 0.92% increase
- 2026 to 2027: 0.90% increase
- 2027 to 2028: 0.88% increase
Future trends to watch for:
- Potential shifts in global manufacturing trends affecting supply chains and import dynamics.
- Environmental considerations and regulations could drive innovation in alternative synthetic waxes.
- Technological advancements in production and application methods impacting demand and usage patterns.