In 2023, the import value of liquorice extract to France stood at a certain baseline which was a base for the forecast analysis presented. Over the forecast period from 2024 to 2028, the import value is expected to steadily increase from 24.465 million USD in 2024 to 27.662 million USD in 2028. Year-on-year, the import value shows a relatively stable growth rate, with slight increases over each consecutive year, indicating a consistent demand for liquorice extract. The average compound annual growth rate (CAGR) over this period shows a positive trend.
Future trends to watch include potential shifts in consumer preferences, regulatory changes in the food and beverage industry, and global supply chain factors that could affect the import dynamics. Monitoring these elements will be critical to understand any underlying changes that could influence the market beyond the current forecast period.
