Analyzing the production data of ethylene polymers in France from 2013 to 2023 shows a general decline. While 2013 recorded a production of 1.8019 billion kilograms, by 2023, this had decreased to 1.2073 billion kilograms. The year-on-year data reflects fluctuations with notable declines in 2014 (-11.58%) and 2015 (-17.64%). From 2018 onwards, the trend continues downwards with minor year-on-year variations, but consistently exhibiting a decreasing trend. Specifically, the last two years (2022 and 2023) saw reductions of -1.99% and -1.78% respectively. The 5-year compound annual growth rate (CAGR) for 2023 stands at -1.88%.
Looking ahead, projections suggest a continuous decline in ethylene polymer production through 2028, with the forecasted 5-year CAGR standing at -1.47%. By 2028, the production is anticipated to be around 1.101 billion kilograms, marking a 7.14% decrease from 2023 levels.
Future trends to watch for include advancements in polymer recycling technology, shifts in global market demands, and regulatory changes in the European Union regarding plastic usage and production. Such factors could influence production trends significantly.
