As of 2023, the import value of essential oils, resinoids, and terpenic by-products to France stood at 590 million USD. Based on the forecast data, import values are projected to increase steadily from 605.25 million USD in 2024 to 679.77 million USD in 2028. This represents a consistent year-on-year growth, with an average annual growth rate (CAGR) of approximately 3% over the five-year period from 2024 to 2028. Notably, the year-on-year growth indicates a modest upward trend, showcasing a resilient demand for these imports.
For future trends, attention should be on the evolving consumer preferences towards natural and organic products, which could significantly impact demand dynamics. Additionally, shifts in global supply chains or regulatory changes related to the import and distribution of such products may also influence future import trends. Monitoring these trends will be crucial to understanding the potential fluctuations in the market.
