The forecasted sold production of wheat groats and meal in France shows a declining trend from 2024 to 2028. Starting at 72.17 million euros in 2024, it falls to 61.113 million euros by 2028. Year-on-year, this indicates a consistent decrease, reflecting a reduction in production value. As a point of reference, the production value in 2023 was higher than the projected figures for 2024 onwards. Over the five-year period, the compound annual growth rate (CAGR) shows a negative trend, highlighting a challenging market environment for wheat groats and meal.
Future trends to watch for include:
- Potential shifts in agricultural policies affecting production costs.
- Changes in consumer preferences toward alternative grains or increased demand for organic products.
- Impact of climate change on wheat production and quality.
- Economic factors influencing export opportunities and pricing in international markets.