Based on the forecasted data for the re-import of polyethylene having a specific gravity of 0.94 or more to France, values are expected to see a steady decline from 2024 to 2028. In 2023, the actual value stood at a higher figure than anticipated in 2024, evidencing a downward trend.
Year-on-year decline is modest, averaging at a rate determined by a small cumulative annual growth rate (CAGR) over the forecast period: -2.01%. This indicates a gradual yet consistent reduction in re-import value, suggesting decreasing demand or changes in consumption patterns.
Future trends to watch include:
- Changes in EU regulations impacting polyethylene imports.
- Shifts towards more sustainable materials by key market players.
- The impact of global economic recovery on industrial demand.
