Based on the available data for the re-importation of milk with a fat content not exceeding 1% to France, we observe a positive growth trajectory from 2024 to 2028. The forecasted values increase consistently, with a year-on-year growth from 2024 to 2025 at 4.6%, and scaling down slightly until 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 4.1%. For context, in 2023, the re-import volume stood at a lower level, suggesting steady demand growth over the forthcoming years.
Future trends to watch for:
- The impact of domestic production changes on re-import demand.
- Consumer preference shifts towards low-fat milk alternatives.
- Possible regulatory changes impacting import dynamics.
