The forecast for France's raw sugar gross production from 2024 to 2028 shows a steady increase, with each year's production valued slightly higher than the last. From the values provided, the year-on-year growth rates appear modest, indicating a stable market with low volatility. Comparatively, it is essential to note where the production level stood in 2023 for context; however, that value is not given here.
The compound annual growth rate (CAGR) over five years suggests consistent growth, which is promising for stakeholders in the French sugar market.
Future trends to watch for:
- Possible impacts of climate change, which could affect crop yields.
- Changes in EU policies regarding agricultural subsidies or trade agreements.
- Potential shifts in global demand for sugar or alternative sweeteners.
- Technological advancements in sugar production and processing efficiency.
