In 2023, the import of milk with a fat content of 1-6% to France stood at 95 million USD. The forecast from 2024 to 2028 shows a consistent decline in import values, starting from 89.045 million USD in 2024 to 65.158 million USD in 2028. Over this period, the year-on-year percentage change indicates a consistent decrease. The compound annual growth rate (CAGR) for these five years is negative, reflecting a steady annual reduction in import value.
Future trends to watch for:
- Changes in domestic milk production, which could be affecting import needs.
- Consumer preferences switching towards local or alternative milk products.
- Potential trade policy changes impacting international dairy imports.