The export of baked bread, pastry, and wafers from France has shown a fluctuating growth pattern over the past decade. The values began at $2.0358 billion in 2013 and reached $2.6203 billion by 2023. The year-on-year variations have ranged from a decline of 13.06% in 2015 to a growth of 12.4% in 2016. The compound annual growth rate (CAGR) over the last 5 years stands at 2.08%, indicating steady albeit slower growth compared to previous periods.
Future forecasts suggest continued growth, with exports projected to reach $2.9106 billion by 2028. The forecasted 5-year CAGR from 2024 to 2028 is 1.66%, representing a total growth rate of 8.57% over this period. This suggests a stable, yet modest upward trend in the export market.
Future trends to watch for include technological advancements in the baking industry, shifts in global consumer preferences towards artisanal and health-oriented baked goods, as well as potential impacts of global trade policies and economic conditions on exports.
