Total Engineered Wood Imports to France showed significant variations over the past decade, with notable increases and decreases. The volume in 2023 stood at 713.71 thousand cubic meters. Year-on-year changes were pronounced, ranging from dramatic drops like -87.02% in 2019 to substantial recoveries such as 585.66% in 2020. Recent trends in the past two years indicated a slight decline, with variations of -15.71% in 2022 and -4.77% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was -1.63%, reflecting overall volatility.
Future trends to watch for include creeping increments in the forecasted data, with the volume expected to rise gradually to 721.47 thousand cubic meters by 2028. The projected 5-year CAGR is 0.17%, suggesting modest average annual growth, with an overall forecasted growth rate of 0.86% over this period. Monitoring market dynamics, sustainability trends, and import policies will be crucial.
