In 2024, the forecasted gross production of dry peas in France is valued at 239.72 million US dollars PPP, a slight decrease from 2023. The projected figures illustrate a steady decline over the following years, culminating at 238.69 million US dollars PPP by 2028.
The year-on-year variation indicates a minor annual decrease in value, notably under 0.15% each year from 2024 to 2028. The compound annual growth rate (CAGR) over this five-year forecast is marginally negative, underscoring a persistent, yet minimal downward trend.
- Maintain close observation on global trade policies, which might impact pricing and competitiveness.
- Climate change effects and advancement in agricultural technology could significantly influence production volume.
- Shifts in consumer preferences towards plant-based products might alter demand dynamics.