The forecast for the re-import of petroleum jelly and mineral waxes to France between 2024 and 2028 indicates a consistent decline. Starting from $308.76 thousand in 2024, the value decreases year-on-year to reach $176.24 thousand in 2028. This represents a notable average annual contraction, reflecting market changes and possibly reduced demand or increased competition.
- 2025: 11% decrease from 2024
- 2026: 12% decrease from 2025
- 2027: 14% decrease from 2026
- 2028: 15% decrease from 2027
- The CAGR over the forecast period is approximately -13.5%.
Future trends to watch include potential shifts in global supply chains, regulatory changes impacting re-import processes, and evolving market conditions that could affect the demand for these products in France. Additionally, innovation in alternative products could further influence this downward trend.