The import volume of sulphonated, nitrated, or nitrosated derivatives of hydrocarbons to France has experienced a downward trend from 2017 to 2021, with a marked decline each year. In 2017, the imports stood at 813.78 thousand kilograms and fell steadily each year, reaching 251.36 thousand kilograms in 2021. The compounded annual growth rate (CAGR) over these five years indicates a significant annual reduction in import volumes.
For 2023, the analysis considers the crucial factor of further decline due to potential economic, regulatory, or industrial factors influencing demand and supply dynamics.
Future trends to watch for include potential market stabilization or recovery, which could be influenced by changes in environmental regulations, technological advancements in the chemical industry, and shifts in domestic production capacities within France.