The import forecast of sheep or lamb skin leather tanned but not further prepared shows a consistent decline for France from 2024 to 2028. Starting at 853.87 thousand kilograms in 2024, it is expected to decrease to 761.72 thousand kilograms by 2028. Over these years, a consistent year-on-year decline is projected, with the most significant reductions occurring between consecutive years.
The compound annual growth rate (CAGR) implies a declining average rate annually, reflecting challenges in this market segment. As of 2023, actual import figures were higher, situating the forecasted data within a downtrend context.
Future trends to watch include changes in consumer preferences, technological advancements in alternative materials, developments in regulatory policies regarding leather imports, and potential impacts of trade agreements. Monitoring these factors can provide insights into further shifts in demand and supply metrics within this market.