The import of oxirane (ethylene oxide) to France has seen fluctuating trends over the past decade. Notably, between 2013 and 2023, the imports declined from $44.641 million to $31.388 million. The year-on-year variations demonstrate a mix of increases and declines, with notable drops in 2015 (-16.84%) and 2020 (-18.26%). The CAGR over the last 5 years leading up to 2023 stood at -1.73%. Recent years have seen a steady decline, with a marginal drop of 1.5% in both 2022 and 2023.
Future trends indicate a continued gradual decline. The forecast for the next five years points to a decrease from $30.863 million in 2024 to $28.894 million in 2028, with a forecast CAGR of -1.31%. This suggests a sustained downward trend.
Future trends to watch for:
- Potential impacts of regulatory changes on chemical imports.
- Market demand shifts in key industries using ethylene oxide.
- Global supply chain disruptions affecting import volume and value.
- Technological advancements that might decrease dependence on imported ethylene oxide.
