The forecast for France's import of synthetic rubber suggests a gradual decline in volume from 258.64 million kilograms in 2024 to 248.9 million kilograms in 2028. This indicates a consistent year-on-year decrease, where the 2025 projection shows a slight reduction by 0.95% from the previous year. Similar decreases continue, with a 2026 drop of 0.96%, followed by a 0.95% reduction in both 2027 and 2028. The compound annual growth rate (CAGR) over these five years points to a steady, overall contraction.
Key trends to watch for include:
- Impact of global supply chain disruptions and geopolitical tensions on rubber importation.
- Technological advancements and shift towards sustainable alternatives potentially reducing synthetic rubber demand.
- Influence of economic factors in France, such as changes in manufacturing sectors reliant on synthetic rubber.