In 2023, France imported rosin and resin acids valued at 7 million US dollars. Forecasts indicate a steep decline from 6.14 million USD in 2024 to 0.96171 million USD by 2028. The year-on-year decrease is substantial, surpassing 20% in several instances. The compound annual growth rate (CAGR) from 2024 to 2028 denotes an average yearly drop, reflecting waning demand or market shifts.
Future trends to watch for:
- Emerging eco-friendly alternatives potentially replacing traditional rosin and resin acids.
- Changes in trade agreements affecting import levels.
- Technological advances reducing dependency on these imports.