In 2023, the import of synthetic filament tow not carded to France was valued at approximately $12.354 million. Forecasts indicate a steady decline from 2024 onwards, with a value of $12.043 million predicted for 2024, decreasing further to $9.7796 million by 2028. This represents a consistent year-on-year decrease, with an approximate CAGR of -4.85% over the forecast period.
Future trends to watch for include:
- Potential impact of renewable and bio-based materials replacing synthetic options, influencing import volumes.
- Trade policy changes or economic factors in major exporting countries that could affect France's import dynamics.
- Technological advancements leading to improved synthetic materials that may alter demand and import patterns.