In 2023, the re-import of fresh or wet-salted whole hides and skins of bovine animals to France stood at a significant level, slightly higher than the upcoming years' forecast. For 2024 to 2028, this series denotes a steady decline, with the value decreasing each year. Comparing successive years, the forecast suggests a consistent decline of around 1.5% to 2.0% year-on-year. Over the five-year period, the compound annual growth rate (CAGR) indicates a negative trend, highlighting an average annual decline.
Future trends to watch for include changes in global leather demand, shifts in animal husbandry practices, and trade policy adjustments impacting re-import activities. Monitoring technology and sustainability trends in the leather industry may also provide insights into altering demands and practices.
