In 2023, France imported approximately 13.7 million kilograms of titanium oxides. The forecast for 2024 projects a slight decline to 13.466 million kilograms. This decreasing trend persists, with year-on-year reductions observed in subsequent years: 2025 is expected to fall to 13.216 million kilograms, 2026 to 12.971 million kilograms, 2027 to 12.732 million kilograms, and finally, 2028 to 12.497 million kilograms. This demonstrates an average annual Compound Annual Growth Rate (CAGR) decline across the five-year forecast period.
Future trends to watch for:
- Impact of sustainability and environmental regulations on titanium oxide production and its import needs.
- Technological advancements that may influence domestic production capabilities in France.
- Global market dynamics, including changes in major suppliers and geopolitical factors.