In 2023, the re-import of cresols to France stood at 270 kilograms. The forecasted data for 2024 indicates a re-import volume of 285 kilograms, marking a 5.6% year-on-year increase from 2023. This positive trend continues with the following years showing respective volumes of 298 kilograms in 2025, 311 kilograms in 2026, 324 kilograms in 2027, and 336 kilograms in 2028. Notably, the compound annual growth rate (CAGR) over the next five years is anticipated to be approximately 4.4%.
Future trends to watch for include:
- Potential fluctuations in the global supply chain affecting cresol prices and availability, influencing re-import volumes.
- Technological advancements in production methods that may impact market demands.
- Environmental regulations and their impact on industrial usage of cresols, possibly affecting import dynamics.
