In 2023, the import value of clutches, shaft couplings, and universal joints to France was $135 million. From 2024 to 2028, a steady increase is forecasted, reaching $146.22 million in 2028. Year-on-year growth between 2024 and 2025 is 1.5%, while from 2025 to 2026, 2026 to 2027, and 2027 to 2028, increases are approximately 1.5% to 1.3%. The compound annual growth rate (CAGR) over this five-year period is around 1.6%.
Future trends to watch:
- Advancements in automotive technology impacting component demand.
- Global trade dynamics affecting supply chains and import levels.
- Potential policy changes within the EU influencing automotive parts imports.
