In 2023, France's re-imports of granite, porphyry, basalt, and sandstone stood at $580.00 thousand USD. The forecast for 2024 shows a value of $540.53 thousand USD, indicating a year-on-year decrease of approximately 6.8%. The subsequent years project a continuation of this declining trend, with values reducing to $505.27 thousand USD in 2025 (-6.5% YoY), $470.72 thousand USD in 2026 (-6.8% YoY), $436.86 thousand USD in 2027 (-7.2% YoY), and finally $403.68 thousand USD in 2028 (-7.6% YoY). The compounded annual growth rate (CAGR) over this five-year forecast period reveals an average annual decrease of approximately 6.9%.
Future trends to watch for:
- Impact of economic conditions and raw material prices on the demand for stone re-imports.
- Technological advancements in stone processing and transportation that may affect trade dynamics.
- Potential shifts in international trade policies that could impact re-import costs and demand.
- Environmental regulations influencing sourcing and re-import practices.
- Emerging trends in construction and architecture influencing stone popularity and use.
