The import of solid refined cane or beet sugar, and chemically pure sucrose to France is forecasted to decline gradually from 2024 to 2028. In 2023, the imports stood at a higher level compared to the forecasted data for the subsequent years. The year-on-year variation indicates a consistent decrease of approximately 0.8% to 0.9% annually throughout the period from 2024 to 2028. The compound annual growth rate (CAGR) for these imports over five years is negative, suggesting a steady decrease in imports over this timeframe.
Looking ahead, future trends to watch include:
- Changes in domestic sugar production in France, which could impact import needs.
- Potential shifts in consumer preferences towards alternative sweeteners that might affect sugar demand.
- Policy changes regarding sugar trade and tariffs within the European Union and globally.