In 2023, France's re-import of artificial waxes and prepared waxes of polyethylene glycol stood at a different volume from the future projections. Starting from 640.29 thousand kilograms in 2024, forecasts predict a consistent year-on-year growth: 5.13% in 2025, 4.78% in 2026, 4.47% in 2027, and 4.19% in 2028. The compound annual growth rate (CAGR) for 2024-2028 is projected at approximately 4.65%.
Future trends to watch include:
- Shifts in industrial demand influenced by sustainability and eco-friendly production processes, potentially impacting wax import volumes.
- The role of regulatory changes, possibly affecting the polyethylene glycol wax market dynamics.
- Economic factors such as global trade policies that might influence re-import trends.
