Between 2013 and 2023, skimmed milk production in France has exhibited a marked downward trend, decreasing from 192.87 thousand metric tons in 2013 to 106.75 thousand metric tons in 2023. The year-on-year variations indicate significant drops, particularly between 2019 and 2021, where production fell sharply by up to 21.82% in 2021. The Compounded Annual Growth Rate (CAGR) over the last five years also supports this trend, showing an average yearly decline of 7.57%.
For the projected period from 2024 to 2028, the forecasted data suggests a stabilization at 106.76 thousand metric tons annually, indicating a halt in the downward trend and a flat growth rate with a forecasted 5-year CAGR of 0%.
Future trends to watch for include potential shifts in consumer demand for dairy alternatives, changes in agricultural policies, and economic factors affecting dairy production costs. Monitoring these elements could provide insights into further fluctuations or possible recoveries in skimmed milk production.
