The forecasted import value for floor coverings of coconut fibres to France shows a consistent decline from 2024 to 2028. Starting from $1.864 million in 2024, it is expected to decrease to $0.955 million by 2028. This suggests a negative CAGR over the period. The year-on-year reductions between 2024 and 2028 indicate a steady dip in imports, highlighting a shift in demand or substitution by alternative materials.
Trends to watch for include:
- Potential replacement of coir with more sustainable or alternative materials.
- Global trade policies impacting import-export dynamics.
- Innovation in manufacturing of floor coverings and consumer preferences.
- Environmental regulations promoting the use of eco-friendly materials.