The sold production of rubber conveyor belts in France has experienced significant fluctuations over the past decade. From 2013 to 2023, there was a notable downward trend, with the value falling from 84.588 million Euros in 2013 to 36.715 million Euros in 2023. Despite the overall decline, 2022 and 2023 showed a recovery with year-on-year increases of 24.16% and 4.09% respectively. Over the last two years, the variation indicates a potential stabilization in the market.
Looking ahead, the forecasted data from 2024 to 2028 suggest a mild but steady growth. The compound annual growth rate (CAGR) is projected at 0.66%, indicating an average annual growth of 3.33% over the next five years. Future trends to watch for include advancements in technology, shifts in demand, and potential impacts of economic policies and environmental regulations that could influence production and sales.
