In 2023, France's import of borates and peroxoborates stood at 6.900 million USD. From 2024 onwards, a declining trend is evident. Between 2024 and 2025, the imports are projected to fall by 16.12%. A continuous decrease is forecasted until 2028, with a cumulative drop of 62.36% over five years. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at -16.15% annually.
Future trends to watch for include potential changes in regulatory landscapes that might affect import volumes, shifts in global borate supply, and the emergence of alternative materials potentially reducing dependency on borates. Environmental sustainability initiatives may also impact demand fluctuations.
