In 2023, France re-imported 1.2 million kilograms of sunflower seed oilcake and other solid residues. The forecast indicates a steady increase from 2024 to 2028, with a compound annual growth rate of approximately 3.4%. The year-on-year growth rate is around 4.64% from 2024 onwards, reflecting a consistent upward trajectory. This trend suggests a growing demand or strategic necessity for re-importing these residues in France.
Future trends to watch include:
- Potential trade agreements or policies impacting import tariffs, which could affect cost-effectiveness.
- Shifts in domestic production of sunflower seeds influencing the need for re-importation.
- Technological advancements in processing sunflower seed residues impacting their demand.
- Global market dynamics, such as climatic changes affecting sunflower yield, influencing re-import volumes.