In 2023, the re-import of tyre cord fabric of high tenacity polyester yarn to France stood at a certain baseline value. Projections indicate a consistent growth pattern from 2024 to 2028. The year-on-year increase from 2024 to 2025 is 4.79%, followed by a 4.46% rise in 2026, a 4.19% jump in 2027, and a subsequent increase of 3.95% in 2028.
The compound annual growth rate (CAGR) over this forecast period is approximately 4.35%, indicating a stable upward trend.
Future trends to watch for include:
- Any disruptions in global supply chains, which might impact forecasted growth rates.
- Technological developments in tyre production that could influence demand for polyester yarn fabrics.
- Regulatory changes and trade policies affecting re-import activities in Europe.
