Between 2013 and 2023, the production value of chlorine in France experienced fluctuations, peaking in 2019 at 41.961 million euros before starting a downward trend. In 2023, the value stood at 28.143 million euros, representing a -7.69% year-on-year decline from 2022. The compound annual growth rate (CAGR) over five years from 2018 to 2023 was -3.97%, indicating an overall negative trend in production value during this period.
Looking forward to the forecasted data from 2024 to 2028, the production value is expected to continue declining, with significant decreases each year. The five-year forecasted CAGR is -8.27%, translating to a cumulative decline of 35.05% by 2028. This suggests a persistent weakening in the sector over the foreseeable future.
Future trends to watch for include:
- Potential regulatory changes affecting chlorine production.
- Shifts in demand from key industries using chlorine.
- Technological advancements that could impact production efficiency.
- Emerging competitive pressures from other regions or alternatives to chlorine.
