The export of adhesives based on rubber or plastic from France has shown mixed trends over the past decade. From 2013 to 2018, there were fluctuations with a notable increase of 7.7% in 2018, followed by a slight dip in 2019. The impact of the pandemic was evident in 2020, with a significant decline of 16.22%. However, subsequent years saw a recovery, culminating with a 0.86% increase in 2023, reaching 101.01 Million Kilograms.
Forecasts for 2024 and beyond suggest steady growth, with incremental year-on-year increases projected. The five-year Compound Annual Growth Rate (CAGR) from 2023 to 2028 is forecasted at 0.7%, indicating a growth rate of 3.56% by 2028, reaching an estimated 105.22 Million Kilograms.
Future trends to watch for include:
- Advancements in adhesive technology that could boost export volumes.
- Economic policies and trade agreements impacting international trade.
- Market demand fluctuations driven by industrial and consumer needs.
