The forecasted data for the sold production of goat or kid raw hides and skins in France indicates a steady decline from 2024 to 2028. In 2023, the production volume stood at a higher level, thereby showing a consistent annual decrease over the forecasted years. The year-on-year variations highlight a drop of approximately 2.4% to 2.6% annually. The compound annual growth rate (CAGR) across the period from 2023 to 2028 suggests a negative trend, averaging around 2.6% decrease per year.
Future trends to watch include potential influences from environmental regulations, market demand shifts towards synthetic or alternative materials, and economic factors that could impact livestock farming and the leather industry. Monitoring international trade agreements and sustainability initiatives may also be crucial.
