The forecast for the import of gasket sets and other joints of similar composition to France from 2024 to 2028 indicates a consistent decline in volume. In 2024, the expected volume is 1.9817 million kilograms, dropping to 1.7932 million kilograms by 2028. This represents a decrease of about 4% per year, with a Compound Annual Growth Rate (CAGR) of approximately -2.5%. In 2023, the actual import volume was higher, setting a baseline for understanding the downward trend.
Future trends to watch for include:
- Changes in industrial demands and manufacturing practices in France that could alter import needs.
- Technological advancements in gasket materials that might impact import volume due to extended product lifespans.
- Potential policy changes affecting international trade which could influence import patterns.