The forecast for the import of Degras and residues from the treatment of animal and vegetable waxes to France from 2024 to 2028 indicates a steady increase, with a rise from 77.336 million kilograms in 2024 to 93.935 million kilograms in 2028. The year-on-year growth shows a consistent upward trend, with annual increases expected from 2024 through 2028. As of 2023, the data reflected lower import volumes, illustrating a consistent growth trajectory moving forward. The projected Compound Annual Growth Rate (CAGR) over this period supports a positive upward trajectory in import volumes.
Looking ahead, several future trends should be monitored:
- The demand for natural and sustainable products, which may impact import volumes positively.
- Trade policy changes and economic factors that could influence import logistics and volume.
- Technological advancements in the processing of animal and vegetable waxes that could affect residue quantities.