The forecast data for the import of cane beet sugar to France shows a consistent decline from 2024 to 2028, with values dropping from $25.81 million in 2024 to $11.934 million in 2028. This represents negative year-on-year growth, illustrating a downward trend in imports. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a significant decrease, indicating a sustained reduction in demand or a shift towards local production and alternative sweeteners.
Future trends to watch for include:
- Potential policy changes affecting sugar imports.
- Shifts in consumer preference towards healthier alternatives.
- Growth in domestic sugar production capabilities.
- Impact of trade agreements and tariffs on import costs.
