According to the forecast data, the import volume of coir floor coverings to Australia in million kilograms is as follows:
- 2024: 1.4811
- 2025: 1.4566
- 2026: 1.4326
- 2027: 1.4091
- 2028: 1.386
The year-on-year variations in percentage are as follows:
- 2025: -1.66%
- 2026: -1.65%
- 2027: -1.64%
- 2028: -1.64%
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately -1.63%.
Future trends to watch in the forecast of coir floor coverings imports to Australia include the potential impact of sustainable product demand, competitive dynamics with alternative materials, and shifts in international trade regulations and tariffs.
