France's import of tyre cord fabric made from high tenacity polyester yarn is projected to steadily increase from 11.96 million kilograms in 2024 to 12.48 million kilograms in 2028. This reflects a year-on-year growth rate ranging from approximately 1.13% to 1.03% between 2024 and 2028, with a compound annual growth rate (CAGR) of approximately 1.08% over the five-year period. By 2024, import levels are expected to surpass the 2023 figure, indicating a moderate yet consistent demand.
Future trends to watch for:
- Potential shifts in demand due to innovations in tyre manufacturing.
- Impact of environmental regulations on the automotive and textiles sectors.
- Supply chain dynamics influenced by global trade policies and production costs.