The forecast for France's benzene imports indicates a steady increase from 2024, beginning at $202.46 million and rising to $220.65 million by 2028. As we are in 2024, it is crucial to recognize that the figures from 2023 are not provided, making it challenging to directly assess past trends. However, the expected annual growth rate, reflected in a consistent year-on-year increase, suggests a positive compound annual growth rate (CAGR) over the five-year period.
Looking forward, several factors could influence this trend:
- Economic shifts impacting industrial demand for benzene in Europe.
- Global oil prices, as benzene is a petroleum derivative.
- Regulatory changes regarding chemical imports in France and the EU.
