The historical data indicates fluctuations in rice and rice product production in France. Production peaked in 2017 at 93 thousand metric tons and saw a significant drop in 2018, followed by minor ups and downs. By 2023, production stood at 75 thousand metric tons, reflecting a 1.32% year-on-year decrease and a 0.54% five-year CAGR. Forecasts suggest a gradual decline, with production expected to reduce to 72.32 thousand metric tons by 2028, indicating a forecasted five-year CAGR of -0.6% and a five-year growth rate of -2.96%.
Future trends to watch for:
- Impact of climate change on rice cultivation.
- Shifts in consumer demand and dietary preferences.
- Technological advancements in agricultural practices.
- Potential policy changes affecting agriculture and trade.