In 2023, France imported natural gum, resin, gum-resin, and balsam valued at 32.28 million USD. The forecasted import values for the years 2024 to 2028 show a consistent year-on-year increase, with an anticipated compound annual growth rate (CAGR) of 2.58% over these five years. Yearly increments mirror a growth trend, increasing by approximately 2.2% to 2.7% annually.
Future trends to watch for:
- Increasing demand due to growth in the natural products industry and eco-friendly products.
- Potential impact of trade regulations and tariffs on import costs and values.
- The influence of environmental concerns and sustainability trends on market dynamics.