The forecast for the import of lard stearin, oleostearin, and oils, including natural tallow oil to France indicates a declining trend from 2024 to 2028. Based on the provided data, the import value is projected to decrease gradually over these years. In 2023, the import value stood at a higher rate, marking the beginning of this forecasted downtrend in subsequent years.
The year-on-year variation highlights a consistent decrease in the import value, with small percentage reductions each year. The overall compound annual growth rate (CAGR) for the period indicates a negative trend, reflecting an average yearly decrease over the five-year span.
Future trends to watch for include potential changes in domestic and international demand for such products, regulatory changes related to imports, and shifts in pricing dynamics of alternative oils and fats. Monitoring developments in these areas will be crucial for assessing future market dynamics.
