As of 2023, the actual import volume of Flax Yarn Multiple (Folded) or Cabled to France was recorded at approximately 151.5 thousand kilograms. Forecasts indicate a declining trend from 2024 onwards, with imports decreasing annually by around 7-10%. Specifically, the projected volume decreases from 141.7 thousand kilograms in 2024 to 100.02 thousand kilograms by 2028. This represents a compound annual growth rate (CAGR) of approximately -7.4% over the five-year period.
In assessing future trends, key factors to monitor include:
- Potential policy changes post-Brexit influencing EU import regulations.
- Evolving demand dynamics in France's textile sector impacting flax yarn needs.
- Innovations in synthetic alternatives potentially reducing dependency on natural yarn imports.
- Environmental sustainability trends and their influence on natural fiber preference.