The forecasted import of jute and other textile bast fibres to France shows a consistent upward trend from 2024 to 2028, starting at 1.0392 million kilograms in 2024 and reaching 1.1258 million kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately 2% over the five-year period. In 2023, the imports stood lower, underlying an expected steady increase. This reflects a growing demand for these materials, possibly driven by shifts towards sustainable and eco-friendly textiles. Year-on-year growth remains positive, suggesting stable market dynamics.
Future trends to watch for in this market include:
- The impact of global sustainability movements influencing higher demand for natural fibres.
- Economic factors in major exporting countries affecting supply and prices.
- Technological advancements in processing and utilization of jute and bast fibres.
- Environmental policies and trade agreements affecting import regulations.